Tuesday, March 12, 2013

IT'S A REVENUE PROBLEM

Ouch.

WHAT CANNOT GO ON FOREVER WON'T

"If you want a sense of just how massive the nation's debt problem is, consider this: The U.S. added $226 billion in new debt in just the 35 days since President Obama missed the legal deadline to submit his budget. That's more than the government will spend this year on education, homeland security, law enforcement, housing aid, energy and the environment, combined."

That's half of the Department of Defense Budget in 35 days. That's in the teeth of the horrible awful shocking devastating slashing of the Defense expenditures by a whopping $44 billion in the remainder of the current Fiscal Year. All in the name of fiscal reality. 

Makes you laugh doesn't it?

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