Tag: federal budget deficit

It’s time to live within our means

  The president had some bold words for the American public earlier this week. He said things that some people didn’t want to hear. He talked about responsibility and sacrifices.

“We simply cannot continue to spend as if deficits don’t have consequences, as if waste doesn’t matter, as if the hard-earned tax dollars of the American people can be treated like Monopoly money, as if we can ignore this challenge for another generation.

 “. . . It’s time to save what we can, spend what we must and live within our means once again.”


– President Obama, 2010

 After saying these bold words he then presented Congress with a plan for the largest deficit in American history. I guess politicians are immune from irony.