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Overnight Open Thread

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albusteve2/02/2010 8:57:28 am PST

In his budget announcement today, Obama said: “[O]ur government is deeply in debt after what can only be described as a decade of profligacy.” So he proposes to put the country far more deeply in debt through profligacy of a sort that was undreamed of just a few years ago.

Obama said: “[W]e can’t simply move beyond this crisis; we have to address the irresponsibility that led to it, and that includes the failure to rein in spending….” But his budget doesn’t rein in spending, it increases it over last year’s precedent-shattering total by around $100 billion.

Obama said: “[I]t would be a terrible mistake to borrow against our children’s future to pay our way today….” His budget, in just the next year, will borrow $1.6 trillion against our children’s future to pay our way today.

unbelievable flight from reality, I wonder if BO is actually sane…read more at Power Line