Thursday, March 26, 2009

Obama's Deficit

Every liberal likes to talk about Reagan and his deficits, which at the time, were pretty large. Over 8 years in office, however, the deficits under Reagan amounted to roughly $1,600,000,000,000. Already, the estimate for this year's deficit is $2,000,000,000,000, and my personal estimate is something closer to $2,500,000,000,000, or about two-thirds more than all eight years of Reagan.

And of course, Obama's first 4 years of deficits will likely surpass 8 years of Bush.

The Federal Reserve just announced another bailout program, to the tune of more than $1,000,000,000,000. And Treasury Secretary Geithner just announced a $1,000,000,000,000 plan to buy toxic waste.

But Americans want to get their panties in a wad about $167,000,000 in AIG bonuses. To put that in perspective, 167,000,000 divided by 4,500,000,000,000 is equal to 0.0037%. Why do the politicians and ACORN want you to focus on 0.0037% and ignore the other 99.6289%? Or put it this way, take you anger over AIG. You should be about 27,000 times as angry over the other spending, as you are about AIG. If you're not, you are what is commonly known as a tool or a useful idiot.

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