Theodore's World: Obama's Actions Will Cause Americas Debt To Double by 2020

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October 12, 2010

Obama's Actions Will Cause Americas Debt To Double by 2020

FOX Business News Network, Gerri Willis sounds off on the impact of continued government spending.


Wild Thing's comment.........

Obama has got stop spending. The added problem is that no one in his administration knows what they are doing.

Even some of the democrats are saying there is too much spending from Obama happening. Of course these dems are worried about being elected again but even so there are some speaking out and also trying to distance themselves from Obama.

Posted by Wild Thing at October 12, 2010 04:55 AM


He wants to spend another 50 billion to improve infrastructure. I thought that the trillion dollar stimulus was suppose to improve infrastructure?

Posted by: BobF at October 12, 2010 09:16 AM

Right now obama seems to be figuring that big spending bills will buy votes for a desperate Dem Party. It seems every week some new spending plan is announced. Hey, it sure is fun to spend other people's money.

Posted by: TomR, armed in Texas at October 12, 2010 10:11 AM

Bob, I thought so too. There are so many of these stimulus things.

Posted by: Wild Thing at October 12, 2010 06:40 PM

Tom, I agree, he is trying to buy votes in his party.

Posted by: Wild Thing at October 12, 2010 06:43 PM

Why can't humble people live within their means anymore and not hesitate to say, "Sorry, not now, for we simply can't afford THI$!" WE THE PEOPLE must be living in a materialistic & socialistic society.

Posted by: darthcrUSAderworldtour07 at October 12, 2010 08:45 PM

Unfortunately doubling the debt puts the country right around the breaking point. We reach that point and we cannot recover.
China and India will be buying brides because of their current irrational gender birth policies. There will be politicians who will want to sell them women. Amazingly the progressive propaganda of a hundred years ago that they used to found the FBI will be made true by the progressives!

Posted by: Avitar at October 14, 2010 02:30 AM