Obama: "We Just Can't Keep On Spending As if Deficits Don't Have Consequences" (Video)

“We simply cannot continue to spend as if deficits don’t have consequences. As if waste doesn’t matter. As if the hard earned tax dollars of the American people can be treated like Monopoly money. As if we can ignore this challenge for another generation. We can’t.”

President Barack Obama
February 1, 2010

Note: Obama said this on the same day that he proposed another record spending plan that will raise the national deficit to nearly 1.6 Trillion dollars. This is nearly 4 times the 2008 national deficit when President Bush was in office.

Obama tripled the national deficit his first year in office. This year he will nearly quadruple it.

This guy is truly amazing.


More… Senator Gregg calls this Obama’s drunken sailor budget.

Barack Obama will increase the number of government workers by 14.5% his first two years in office.

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