Figures. President Spendaholic Accuses Military of Overspending

President Obama attacked the military today for overspending during war.
Dear Leader said “wasteful spending is unacceptable.”

He’s missing something. (Daily Mail)

One News Now reported, via LGF:

President Barack Obama has signed into law a bill aimed at tightening the controls on defense spending, saying it is “long overdue.”

…Obama noted one study which found that roughly $295 billion of taxpayers’ money was wasted last year on cost overruns involving 95 defense programs.

He said wasteful defense spending “is unacceptable” at a time when the country is fighting two wars and trying to overcome a deep recession at home.

Barack Obama will quadruple the national deficit his first year in office.

As Elector of Saxony says- Obama is a one-man economic plague.


** More hypocrisy here.

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