27 March, 2009

Budget Chart

If this doesn't scare you, I don't know what will.  Below are the actual budget deficits (in gray) amassed by the federal government compared to the projected deficits (in red) should President Obama's current budget be approved by congress.

Wow.

First of all, I don't know how anyone can say "but Republicans did it too".  Yes, that is true (and not something they should be proud of), but those levels of spending do not compare to what is being contemplated now.  Every time someone goes to that excuse, it means they can't justify what they are proposing with actual facts and have to try to shift the focus and blame elsewhere.

How can we possibly recover from such ridiculously high spending levels? 

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