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View Full Version : Bogus POTUS hammered by Paul Craig Roberts on the budget




lynnf
03-06-2009, 08:45 PM
http://www.vdare.com/roberts/090301_change.htm

Change for the Worse

'President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists of red ink.

And Americans are angry that sub-prime borrowers took mortgages they couldn’t afford.

The bald fact is that the US government is going to have to borrow--or print--half of the money it intends to spend in Obama’s first budget.'

...

lynn