National Debt Doubled Down . . . make that UP

Back in February the Obama administration told us that their slaphappy spending spree would only increase the national debt by $7.108 trillion over the next 10 years. Amazing that I could drop "only" in that sentence. More amazing is that some people actually believed Barack Obama. Now Reuters has revealed that a report due from the Office of Management and Budget tomorrow will quietly announce that the administration is now projecting the increase over that period to be closer to $9 trillion. Oh, and that without their health care package which they estimate will cost another trillion (while those calculating above a 3rd grade math level expect the number to be about 4 times that). In fact, if you believe the $9 trillion figure due to be released tomorrow, then just hold your breath and I'll poke you next year when the number hits $12 - $13 trillion.

Here now is an amazing perspective producing point which came to my attention through the Say Anything Blog:

since America breathed it first breath as a nation over 200 years ago the Republic has accumulated a total debt of $11.67 trillion. Under Obama's leadership we will double that debt in 10 short years.

Can anybody with fingers and toes for counting still believe this guy's economic policy is sustainable?