May 31, 2021

America Spends Like Ancient Rome.

America Spends Like Ancient Rome.

I was as surprised as you, when last week President Biden unveiled his proposed new budget for next year.
 
It was as if we went back to the first 3 years of the Obama Administration. Those years were the first time in history that the USA recorded a de...


I was as surprised as you, when last week President Biden unveiled his proposed new budget for next year.

 

It was as if we went back to the first 3 years of the Obama Administration. Those years were the first time in history that the USA recorded a deficit of a Trillion Dollars.

 

In fact in Obama's first year, 2009 the federal deficit hit a mind numbing nearly 1 ½ trillion, nearly tripling the year before.