So You Didn't Like the Bush Deficit!

On The Road To Socialism? We've Arrived!

By PATRICK J. BUCHANAN | Posted Tuesday, March 03, 2009 4:20 PM PT

Where the U.S. government usually consumes 21% of gross domestic product, this Obama budget spends 28% in 2009 and runs a deficit of $1.75 trillion, or 12.7% of GDP. That is four times the largest deficit of George W. Bush and twice as large a share of the economy as any deficit run since World War II.

Add that 28% of GDP spent by the U.S. government to the 12% spent by states, counties and cities, and government will consume 40% of the economy in 2009.

We are not "headed down the road to socialism." We are there.

Since the budget was released, word has come that the U.S. economy did not shrink by 3.8% in the fourth quarter, but 6.2%. All the assumptions in Obama's budget about growth in 2009 and 2010 need to be revised downward, and the deficits revised upward. Look for the deficit for 2009 to cross $2 trillion.

This is for all those voters that were persuaded by style and overlooked substance. More Obama Society to follow!

I'll take the Bush/Reagan days over the Obama/Carter days anytime.

Until the Libs recognize the change they impose is change you can't believe in, Socialism/Marxism will continue to spread.

More Lib Deception to Follow!