Wednesday, August 24, 2011

A Quote and an Observation



"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government -- lest it come to dominate our lives and interests." - Founding Father Patrick Henry

I just read an interesting article on the "Debt Runup Race" between George W. Bush and Barack H. Obama. Bush took 96 months to add $4.9 trillion to the U.S. debt. In 31 months Obama added $4.0 trillion to the U.S. debt. Is Bush a slacker compared to the overachieving Obama?? Or is it the other way around, Bush is an overachiever in fiscal responsibility compared to Obama's tax and spend, rinse and repeat approach to the U.S. debt problem??? Unless Obama really puts the brakes on the pending train wreck of the U.S. debt, I think Obama's one term spending will make Bush look like a penny-pincher, not a common characteristic of a U.S. politician, regardless of party.

No comments: