Elections matter folks, this is why. Greece, here we come!
The U.S. government just notched its highest ever monthly deficit, with the red rink running to an estimated $229 billion in February.
The Congressional Budget Office, in a preliminary analysis, reported that the February 2012 deficit broke last year’s monthly record of $223 billion.
The office attributed the shortfall in part to a decline in revenue — mainly because of a $25 billion increase in income tax refunds thanks to disbursement timing issues.
According to the CBO, processing delays pushed refund payments that would have been distributed in January off into February. And the additional day in February this year allowed for extra refunds to be distributed during the month that otherwise would have been paid out in March.
The CBO projected that for the first five months of the fiscal year, the federal government is running a $578 billion deficit.
The projected deficit this year is once again projected to top $1 trillion
via Government Records Highest-ever Monthly Deficit | Fox News.
The only thing I can truly say about this one is this; elections matter. This is what happens when you put progressives and moderate Republicans in Government, they spend on your dime and you get stuck with the tab and most usually, you do not get a thing for it in return. This is why we have to get people elected to political office, in City, State and Federal levels; who at the very least, have the American people’s interests in mind and not their own political fortunes in mind. Because when the political veterans are running the show; both Republican and Democratic Parties; this is what you get —- Debt.
China cannot buy our debt forever, or eventually they will own this Country. Not to mention, China is not exactly a free Country. All China would have to do, is tell the United States that they will not be buy anymore of our debt and we, as a Nation, would be history. We, as Conservatives have no one to blame, but ourselves for this fine mess. The Republican Party elected a moderate Republican by the name of Richard Nixon, who wanted so badly to make a name for himself and that idiot liberal Republican just had to go to China and normalize relations with those Communist bastards. Which is pretty darned ironic, considering what the Communists in China did to John Birch. This is one Conservative who felt Watergate was nothing more than sweet justice. (…and No, I am NOT being snarky!)
This why we the American people, the silent majority; need to vote differently this coming November. Our Nation’s future might just depend on it.