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Posted by Larry Wilson on September 14, 2010

Buddy, Can You Spare a Dime?

Posted in: Uncategorized

For the past few months I have struggled with understanding just how much debt the current administration has loaded on us.

 

When you get in billions it means nothing.  Hell, I have problems understanding millions much less the level of red ink we are swimming in.”

Today I found a method of comparing the spending and debt obligation.

 

Consider ALL of the combined debt from EVERY President from George Washington up to and including Ronald Reagan.  Within that would be all the monies for two world wars, the civil war, Korea, Viet Nam, and the Great Depression. Take that amount for the history of the country.  Now consider that is the same number of dollars spent by President Obama in EIGHTEEN MONTHS

Welcome to the new era of “hope and change.”

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