THE OBAMABUDGET By Neal Boortz
$1,600,000,000,000.00
There you go. And no … that’s not Obama’s new budget. That’s Obama’s projection for the budget DEFICIT this year! That’s money we don’t have. That’s money we’re going to have to borrow. That’s money our children and grandchildren are going to have to pay back. Or … .that’s debt our country will eventually try to discharge in bankruptcy.
Let me try to put that $1.6 trillion in perspective. We’re going on a spending spree. Let’s see ….. how much do we want to spend an hour? Does $100,000 an hour work for you? $100,000 an hour 24 hours a day 365 days a year … and we’re going to keep on spending at $100K an hour until we’ve spent the entire $1.6 trillion.
The first day goes by. How much have we spent? That one’s easy. We’ve spent $2,400,000. We now have the house of our dreams, a few tremendous cars and some nice bling.
The first year goes by. How much have we spent? Try $876,000,000. That’s $876 million dollars. Is there anything else you could possibly want? I’m thinking you’re starting to give money away to complete strangers by now.
You’re well on your way to spending $1,600,000,000. But wait! Look at that figure above! There’s some extra zeros there. That $1,600,000,000 you’re edging up on is in billions, not trillions. You will reach that spending level in 564 days. That’s 564 days of spending $100,000 an hour 24/7.
So … let’s move in on that $1.6 trillion dollar figure. It took you 564 days to knock off your first $1.6 billion … so how much to spend this year’s deficit? How about 666,490? Yup … that’s the figure. That’s how long it takes you to spend this year’s deficit at $100,000 an hour. If you want that figure to sound a bit more reasonable … try 1,826 years.
That’s not the worse of it. This is just one year’s deficit. The Obama budget projects $8 trillion in deficits over the next ten years. How long would it take for our $100,000/hr spending spree to take care of that? Try 9,132 years.
The cold, hard truth here is that neither the Republicans nor the Democrats have the courage to really address this hideous budget problem right now. On the one hand we have Obama suggesting even MORE spending increases, and on the other hand we have Republicans playing games with the people by floating phony spending-cut numbers out there. Don’t tell us how much you’re going to cut from the Obama budget proposals for last year! Don’t tell us how much you’re going to cut from projected future spending increases. Tell us how much you’re going to cut from current spending levels! That’s the ONLY figure out there that means anything.
And something else … and this is for both sides. Grow some stones and start to address entitlement spending. Both sides are gutless here. Their inattention to reigning in entitlements is all the proof you need that their main concern is not budget cutting or attaining some sense of economic sanity in this country … their main concern is getting reelected. They love their positions of power and prestige … they love these positions of power so much that they will consciously ignore - even jeopardize - the future of this country rather than put those positions in jeopardy.
Let’s say something about the Gimme Generation before we move on here. I’m talking about seniors … the wealthiest segment of our population. These people are consistent voters … and the politicians realize this. The politicians also realize that, by and large, these seniors are going to vote their pockets and purses. If you dare to take any entitlements away from them - no matter whether they need the money or not - they’re going to mobilize against you. If you think that politicians are ignoring future generations, they have nothing on our senior citizens. The loudest “screw you, you’re on your own” shout-out to future generations is actually coming from the Social Security and Medicare crowd.
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