Via the Washington Times we learn the National Debt has now surpassed the 13 trillion dollar mark. Yeah, I knowyawnso what. The problem here is that we just watched Congress barely pass a Bill raising the National Debt ceiling to 12.394 TRILLION dollars. Obama, master of everyone elses checkbook, signed it into law on December 28, 2009 yet here we are hardly 5 months later with it 600 BILLION dollars beyond even that figuresans even a modicum of tomfoolery and political cover normally enjoyed via Congressional action.
This Administration cant manage the Auto Industry, it cant manage Wall Street, it cant manage the Health industry or the Insurance industry, and it cant manage the economy. It cant manage Foreign diplomacy, it cant manage fighting wars, and it cant stop dictators from getting nuclear weapons or sinking its neighbors ships. But failure, sadly, doesnt seem to slow Obamas lust for spending more money hoping to find that thing he can finally get right.
His latest joke of an attempt to manage the crisis 1 mile deep in the Gulf of Mexico only serves to reinforce the notion that this is, by far, the most inept and incompetent President and Administration in recent history. From the Times:
At $13 trillion, that figure has risen by $2.4 trillion in about 500 days since President Obama took office, or an average of $4.9 billion a day. Thats almost three times the daily average of $1.7 billion under the previous administration, and led Republicans on Wednesday to place blame squarely at the feet of Mr. Obama and his fellow Democrats.
Repeat this over and over in your head every time you think Obama needs us to cut him a break that hes doing the best he can with what that Bush fellow left behind for him to deal with: in 500 days, Obama has extended our debt almost 5 billion dollars a day as he continues to fail his Country. Weve certainly seen none of our problems solved since hes been in officeno return on our great-grand childrens investment. At what point does this agenda and this Congress, and the incompetent leadership running both, stop the bleeding? OUR bleeding.