debt and deficit dragon
Did Obama watch too many episodes of Puff the Magic Dragon?
Forty years ago, our federal government was paying for a war in Vietnam and preparing, if necessary, for another war against the Soviet Union. It managed welfare programs and sent men to the moon. It did all of this with far smaller deficits and a tax system that had lower rates than today for most American taxpayers.
Today, even with our sophisticated technology, our federal government seems capable of doing little but planning additional programs that would generate even larger budget deficits. Although the Obama administration projects that the federal debt will grow by $9 trillion over the next ten years, the real figure is likely to be even higher if we continue on the current path. And unfortunately we don’t have Puff the Magic Dragon to blow away the deficits.
http://www.koalabooks.com.au/books/puff_dragon_220.jpg
and too many episodes of the jeffesons
my tf2 machinima
