The Obama Administration is set to announce that this year's budget deficit will be over one trillion dollars for the second straight year. But that's okay, because that will still be about $12.5 billion less than last year's shortfall.
The news, while hardly unexpected, will surely help November candidates who are calling for greater fiscal responsibility and less Washington in our lives. It should serve to demonstrate once again the true tax and spend nature of the Democratic left. Yet the Democrats insist that things would be worse without the additional and unfunded spending.
How can things be much worse than the 13% unemployment here in Michigan, or the gigantic and increasing bill which our children's children will still be paying long after our generation is gone? Further, the assertion itself is rather lame on its own merits: we cannot ever know if things would have been worse precisely because we cannot undo the actions of the current Congress and Administration. We're stuck with it, and that's all. It is a hollow and self serving claim to insist that we would be worse off without the stimulus package or Wall Street bailout.
Still, we can affect the future actions of these charlatans. We can show them the door on November 2nd.
So don't despair too much over today's budget news. These times they are-a changin', and you will be part of it. Proudly.
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