A Bleak Picture of Government Debt

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Joe Kawfi
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A Bleak Picture of Government Debt

But when two long-time Democratic pollsters, Patrick Caddell and Douglas Schoen, called President Obama "cynical" and "racially divisive," that was a dramatic statement. It was like saying that the emperor has no clothes.

A much more rhetorically subdued but nevertheless devastating implicit criticism of current government spending policies came from an even more unlikely source: the Congressional Budget Office, whose director is a Democrat.

Without naming names or making political charges, the Congressional Budget Office last week issued a report titled "Federal Debt and the Risk of a Fiscal Crisis." The report's dry, measured words paint a painfully bleak picture of the long-run dangers from the current runaway government deficits.

It would probably do no good to send Robert Gibbs-- or Barack Obama, for that matter-- a copy of the government's own Congressional Budget Office report. Spending vast sums of money in politically strategic places helps the Obama administration politically, and that is obviously their bottom line.

The Obama administration has no fiscal or moral compass. They only know how to spend money we don't have and divide America in the process.

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