Record Deficits for Fiscal Year 2009: $1.42 Trillion … More than Triple the Record Set Last Year … BTW, Where are the Jobs?
More Obama “Hope and Change” you can believe in … Record Deficits and no Jobs!
The numbers are in and the Obama Administration has just released (on Friday of course) the latest deficit numbers. OUCH! The deficit for Fiscal Year 2009 comes in at a record $1.4 trillion. This record is more than triple from the record set just last year.
It gets better, or worse as the case may be. Obama is currently projecting a total of $9.1 trillion in the coming decade. All this and Obama claims that Obamacare is deficit neutral. Do you really believe that America? Interestingly enough, Harry Reid did not seem to think so. Red State nails it, we have finally found something bigger that Obama’s ego … the budget deficit.
The Obama administration has released new deficit numbers, and they are not pretty.
The deficit for Fiscal Year 2009, which ended Sept. 30, came in at a record $1.42 trillion, more than triple the record set just last year.
In addition, future deficits are currently projected to total $9.1 trillion in the coming decade.
How much can the American tax payer and the future generations take? Wait until Obamacare, cap and tax and the rest of Obama’s socialist agenda are added to the mix. By the Way Barack, what ever happened to the jobs you promised from the $787 billion stimulus plan?
Obama stated: “We have now lost 1.2 million jobs this year and if we don’t act swiftly and boldly most experts know believe that we could lose millions of jobs next year.” [Mr President, we did lose more jobs this year and your promise of 2.5 million jobs is a idle promise.
From the Gateway Pundit comes the following Obama promise reminder:
Last November Barack Obama promised to “create or save” 2,500,000 jobs with the record stimulus package he was planning to pass as president. He promised 2,500,000 million jobs…
But so far the democrats record “stimulus” package has only stimulated the economy enough to create only 30,000.
Wait, the exact number from The Hill is that data published Thursday showed contracts from the $787 billion economic stimulus created or saved 30,083 jobs.