Tag Archives: congressional spending

Money Pit

The Onion recently carried a great piece on the nation’s money pit. Although it is a spoof news piece, I think the punch line has become reality thanks to excessive government spending.

Obama says that he is going to cut the deficit by 50% in his first term. That is pretty easy to do when you just increased spending by more than 50% over the next two years. The secret is that the spending is set to expire after two years. Literally, the deficit spending will be cut in half simply because the stimulus splurge goes away.

Are you like me? Do you feel all the bureaucrats in Washington treat taxpayers like a giant money pit? Unfortunately, this video is too close to reality to be called fiction.

http://www.theonion.com/content/video/in_the_know_should_the_government

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