Posted by
Noam D. Gear on Sunday, January 11, 2009 3:40:00 PM
In the second Presidential debate, Barack Obama complained bitterly about Bush’s deficit spending.
“When George Bush came into office, our debt -- national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it. And so while it's true that nobody's completely innocent here, we have had over the last eight years the biggest increases in deficit spending and national debt in our history. And Sen. McCain voted for four out of five of those George Bush budgets.”
Now 90 days later, Mr. Obama proposes his own deficit spending that will surpass Mr. Bush’s whole first term of spending binges by a wide margin; and Obama will do all that in only his first month. Obama will not try out a small-scale spending program (like 50 billion dollars) in order to see whether it is manageable by his new Cabinet of chums. Nor will he test the honesty of the “casino dealer” for a few hands of cards before he shoves all our chips to the middle of the table.
No, dear people, no. Our “smart” new President will shove a trillion dollars of chips into the table on his very first hand of a card game that he has never played before. Brilliant! There are two ways to explain Obama’s rapid lurch from “pay-as-you-go” budgeting to the worst deficit spending in history. Take your pick, you intellectual liberals out there.
First is that Obama actually believes the following simple statement. Although deficit spending harmed a good economy when we had one, deficit spending is now the only means to heal the economic sickness brought about largely by deficit spending.
Second, is that Obama’s debate complaint was actually that there wasn’t enough deficit spending achieved by BushCain. Not enough “Big Dig” projects or “Bridges to Nowhere”, or other unsupervised hasty projects that “get people working on jobs” such as he now proposes.
I hope readers can now see why many of us didn’t want Obama’s very first sandbox to be the entire US government. So, all you intellectual Obama supporters out there. Have fun watching your paycheck pay for his casino chips. I’ll have fun watching more Obama/Biden bumper stickers steadily vanish from the cars on the Interstate.