More evidence Obama is trying to break our country

By Cassandra Effect, June 30, 2009 4:20 am

Last week the Congressional Budget Office released their budget forecast documents.  It speaks for itself.

The higher debt results in permanently higher spending to pay interest on that debt (unless the debt is later paid off).”

 

CBO graph

 

We know, of course, that we will never pay off this debt.  The best we can hope for is for the economy to grow large enough that the debt as a percentage of GDP shrinks back to manageable levels.  This strategy would require that we slow our spending in the future.  Like Wimpy, our government will gladly pay you Tuesday for a hamburger today.

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2 Responses to “More evidence Obama is trying to break our country”

  1. Chris says:

    Interesting that you chose to to steal intellectual property (Wimpy) while you discuss theft of my kids’ piggy bank.

  2. CassandraEffect says:

    fair use my friend – but it would not embed anyway so people will have to go to youtube to check it out

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