Monday, July 6, 2009

California, Obama, and Never Ending Deficits

An excellent read from Bloomberg. I find this paragraph both sad and funny.

The federal picture is so bleak because the Obama administration is the most fiscally irresponsible in the history of the U.S. I would imagine that he would be the intergalactic champion as well, if we could gather the data on deficits on other worlds. Obama has taken George W. Bush’s inattention to deficits and elevated it to an art form.

"The intergalactic champion of fiscal irresponsibility," it has quite a ring to it, doesn't it?

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