Truth or Consequences

The Obama administration has admitted that the economy will falter another 2.5% this year that is another percentage point above what they were predicting last January. The country’s debt is going to increase another 2 billion dollars over and above the 7 billion this administration originally predicted last spring. In fact there will be a tremendous increase in debt for the next 10 years. So, the question is why are we pushing to spend money on programs like Cap and Trade, Stimulus and Government Healthcare that is projected even by the Congressional Budget Office that will further increase our debt. In fairness to President Obama, he claims the Government Healthcare will be deficit neutral. Now when was the last time our government was ever involved in any program that was deficit neutral? Medicare, Medicaid and Social Security are billions of dollars in debt that will increase with the addition of the baby boomers and we can expect the same with any program the government gets its’ hands on. We have history on our side that we can say with certainty that this will be the result. The Obama administration only has their word. If you believe Obama, I know a bridge in Brooklyn for sale.