Think you'd seen irresponsible spending last year? The year before last?
You ain't seen nothing yet.
When the gimmicks are removed, spending even rises $1.5 trillion above current projections—$47 trillion in total. Annual spending will rise by 62 percent between 2011 and 2022. There are no real reforms and the new taxes are used to fund more wasteful Washington spending. So even with almost $2 trillion in job-crushing tax hikes, the president remains incapable of reducing the deficit --Sen J. Sessions, (Budget Committee)
Your children, their children, and their children's children will be debt-slaves.
Nice future!
Come on Dad. That's hyperbole. The country will have long since collapsed. Sheesh! :-)
ReplyDeleteLook at what spending is doing in Stockton CA.....
ReplyDeletehttp://globaleconomicanalysis.blogspot.com/2012/02/stockton-california-population-292000.html