Obama's Permanent Spending Binge
If government got by with 20% of GDP in 2007, why not in 2021, when GDP will be substantially higher?
Americans are clamoring for a fact-based debate about the budget, but the numbers they're hearing from Washington are terribly confusing. Here's an example: Speaking at a Facebook town hall meeting here on Wednesday, President Obama sometimes talked about saving $4 trillion, at other times $2 trillion, and he varied whether it was over 10 years or 12 years, never mentioning any one year. Full Story »
Posted by Jon Mitchell - via Real Clear Politics, Wall Street Journal (Opinion), AllTop, Wall Street Journal (Most Emailed), David Wardell (t)
