The Democrats are nothing if not consistent. It seems that, in the first half of fiscal 2015, the Obama administration kept true to form ... taxing its peons to the hilt while still spending $430 billion more than it took in (which we will now go hat in hand to the Chinese for) ... running up a bigger deficit than this same period last year ... to the tune of an additional $17 billion ... see:
CNS News Story. This is all as reported by the nonpartisan Congressional Budget Office (CBO).
Seems to me I recall that President Obama was bragging not too long ago about how his economic policies were continuing to put our nation on a firmer financial footing. But at this rate the United States will accumulate a national debt of over $20 trillion before our fearless leader leaves office. It has been estimated the a national debt of $25 trillion would be so large that it would suicidal. Kinda like the United States of Greece.
Are you worried? I am ...
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