President Obama's budget for the next ten years was released yesterday. The Wall Street Journal has a good piece on the subject, but all you really need to know is summarized in one graph and one fact. Here's the graph:
And here's the fact: despite the exploding debt, which ought to prompt any responsible politician to cut federal spending, Obama proposes a budget that actually increases spending by $193 billion, to $3.8 trillion, or 24.3% of GDP.
The Obama budget is not a serious document, and it was produced by a President who is not a serious leader. Unless that is, his idea of leadership is leading America off a cliff.
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