Thursday, July 1, 2010

100% Of The Budget

Wait, did I really just see that?  "Federal Debt Could Reach 100% of The Budget by 2025" - wait, who said that?  Oh, it's only the Congressional Budget Office...you know the same bunch that scored the $1 Trillion cost of ObamaCare as "revenue neutral."  Whew - they're not credible!

Oh wait, they always err on the side of saying it's not as bad as you really think it is...maybe I'd better read on:

On the same day President Barack Obama told a Wisconsin town hall gathering that his policies mean “the economy is headed in the right direction,” the non-partisan Congressional Budget Office(CBO) projected that federal debt could reach 87 percent of America’s gross domestic production by 2020, and surpass 100 percent of GDP by 2025

If we don't stop these people, and stop them soon, gold and ammunition will be the only thing worth buying.

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