The Presidnt must really think the American people are just a bunch of idiots who don't understand basic economics. If you spend more than you make you go into debt. If you spend less than you make you have a surplus. Obama's actions are so contrary from what he says it is ludicrious to think he actually believes it himself.
In his first two years in office, President Obama has racked up over $2 trillion in debt making our national debt over $14 trillion! Last week when the Democrats and Republican agreed on $39 billion in spending cuts is just a fraction of the overall budget. In fact, our nation borrowed over $50 billion in the time to negotiate the cuts! If that isn't enough to boggle your mind President Obama plans to borrow another trillion dollars to get us through the rest of the government's current fiscal year!
With that said, President Obama goes on television tonight and says this:
"We have to live within our means, we have to reduce our deficit, and we have to get back on the path that will allow us to pay down our debt."
H-Y-P-O-C-R-I-T-E. Do as I say, not as I do right? Is anyone really taking him seriously? What a joke.
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