All civilization has from time to time become a thin crust over a volcano of revolution.

- Havelock Ellis

Walk the Talk

One of the few things a president can influence is the restraint of government growth. It is difficult to rein or decrease, and this administration has shown no restraint or desire to restrain whatsoever...except for one of the few areas outlined in the Constitution, defense. In fact, the government spending under the Obama administration is unprecedented. That being said, our faultless leader has this to say:

President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. [Read]

That being said, are we to infer the President of the United States wants a double-dip recession?

Something does not add up...

posted at 10:58:14 on 11/18/09 by clearpolitics - Category: Economics - [Permalink]

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The Gross National Debt