Spin it however you want, Obama signed the bill into law that will spend $14 trillion more than we'll take in. While we haven't spent the money yet we will owe it. It's law.
I'm a little shocked that in this day and age you would knock Reagan as a big spender while supporting Obama. . On Mon, May 16, 2011 at 5:41 PM, Gruss Gott <[email protected]> wrote: > > We can talk about who increased the adjusted-for-inflation dollars of > non-defense discretionary spending very easily and when you do you see > that Reagan and GWB have spent the most in recent history. > > As for Pres Obama, we have no idea what this cost will be because it's > not booked yet. Further we have no idea what and how these costs > might drive innovation which will lower costs (there are lots of > people who've gotten new jobs in the last few months purely because of > this). > > Bottomline: George W Bush has spent the most since LBJ and we won't > know about Obama until he's out of office. That's all we can say > factually. Everything else is opinion. > > As to debt ... should we be concerned? I'm not sure these days given > the circumstances. I can argue it both way ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:337910 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
