Obama has managed to spend more than any President before him...double!
Via Fox News;
President Obama has shattered the budget record for first-year presidents --spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.
...compared with other presidents' first years in office, Obama is running circles around them.
It’s obvious that Obama does not care for history as he is repeating the devastating years of the Carter administration’s policies to the tenth degree.
Unless things change (quickly), continuing on this current trend only prolongs the recession. Even more worrisome, their compulsive habit of printing money is doing nothing more than securing one thing…not confidence which our markets need, instead, it secures the probability of inflation occurring. Add this to the list of the “change” we were promised.
(I tried to warn people that change is an empty word as it fails to imply anything more than something different. Repeatedly, I urged people to understand that change can be good but change can also be very bad. Is it worth the risk? Monday morning quarterbacking, was it worth the risk?)