Monday, March 29, 2010


Robert Samuelson on President Obama’s spending:
Obama's behavior resembles a highly indebted family's taking an expensive round-the-world trip because it claims to have found ways to pay for it. It's self-indulgent and reckless.

I know people like this. They have a mountain of credit card debt which they pay the minimum on. Yet when they get some extra money (like from their tax return, monetary Christmas gifts, etc.) they never think, “Let’s pay down some of our debt.”

Instead, they always think, “Yipppeee....What extravagant item can I buy with this money?”

Isn’t it nice to know that President Obama and our Congressional leaders have the same financial mindset as your irresponsible college buddy?

No comments:

Post a Comment