{actor} PLEASE TAKE A MINUTE OR TWO AND READ THIS:
WORD OF THE DAY: PROFLIGATE - prof·li·gate (pr f l -g t, -g t ). adj. 1. Given over to dissipation; dissolute. 2. Recklessly wasteful; wildly extravagant.
OPINION OF THE DAY: President Obama has done a wonderful job. At raising the national debt. In the past 4 fiscal years (the last ending...{actor} PLEASE TAKE A MINUTE OR TWO AND READ THIS:
WORD OF THE DAY: PROFLIGATE - prof·li·gate (pr f l -g t, -g t ). adj. 1. Given over to dissipation; dissolute. 2. Recklessly wasteful; wildly extravagant.
OPINION OF THE DAY: President Obama has done a wonderful job. At raising the national debt. In the past 4 fiscal years (the last ending September 30, 2012, the Obama administration has spent 56 % more than it has taken in. In short, the federal government has taken in 6.8 trillion dollars and has spent 10.7 trillion (lending to the nickname the 7-Eleven Presidency).
Now allow me to back this info up a bit. FY 2009, which could be considered G.W. Bush's last FY Obama added 183 billion to the deficit with his "stimulus" package. Off to a flying start! "...Obama has amassed this historic record of fiscal profligacy even before his centerpiece legislation has really taken effect. If it’s not repealed first, the colossally expensive Obamacare is poised to present grave new challenges to our fiscal solvency — and to our liberty — once it would become a reality on these shores in early 2014."
Keep in mind, regardless of the outcome of the upcoming election, there is still one fiscal year left under Obama's watch(FY2013 belongs to him.), we are in it deep. The President has already stated that there is nothing for us to worry about-short term. No-maybe not but what the heck is going down the road? Doesn't look or feel good. Wonder if Obamacare has a prescription for that? Never did like 7-Eleven. Fact check what I have said if you care to.
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