Just Keep Repeating It To Yourself
By Mitch Berg
“Obama is fiscally resonsible. Obama is Fe fiscally responsible…:”
Federal borrowing is on pace to hit the legal limit on the national debt in less than a week.
“Obama is fiscally resonsible.”
As set in a law passed by Congress and signed by President Barack Obama on Feb. 12, 2010, the legal limit on the national debt is $14.2940 trillion. As of the close of business Tuesday, according to the Daily Treasury Statement released at 4:00 pm today, the portion of the national debt subject to this legal limit was $14.268365 trillion. (The total national debt, including the portion exempted from the legal limit, was $14.3205 trillion.)
“Obama is fiscally resonsible. Obama is fiscally resonsible. Obama is fiscally resonsible.”
Keep repeating it until it’s true.
It might happen in January of 2013.
April 21st, 2011 at 7:51 am
It’s all Bush’s fault.
It’s all Bush’s fault.
It’s all Bush’s fault.
Another word for selective reality is schizophrenia.
April 21st, 2011 at 9:35 am
Megan McCardle calmly explains why increasing taxes on the rich will not balance the budget:
http://www.theatlantic.com/business/archive/2011/04/just-a-little-tax-hike/237626/
April 21st, 2011 at 10:50 am
Terry;
How dare you post links to articles expressing common sense economics! What are you trying to do; give the libturd trolls heart attacks?
I said this the other day, so pardon the redundancy. If Obumbler really wanted to set an example that the rich really wanted to pay taxes, he should have publicly stated that he was giving back his income tax refund and the extra $100,000 that he saved because of the Bush Tax Cuts!