Saturday, April 25, 2009

Dear Pres BO: Who is going to pay for this?


In 100 days, Pres BO has spent more money than any of his predecessors. This is from Stephen Clark:

"During the first 100 days of his presidency, Obama has signed a $787 billion stimulus bill into law, proposed an eye-popping $3.6 trillion budget for the next fiscal year, taken over a massive $700 billion Wall Street bailout program and created other billion-dollar programs to help grease the economic wheels.

Analysts call the spending spree "unprecedented" when the nation is not in a declared war, and they say the challenges that accompany it are a logical result.

"You take any organization in the world and you double its size in 90 days, it's going to have a hard time managing that transition," said William Gale, vice president and director of the economic studies program at Brookings Institute."

This is a spending spree.

It's a huge expansion of government.

Let's ask again: How can you double an organization size in 90 days without unintended consequences.

I don't like it!

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