Friday, November 27, 2009

Another Unprecedented Presidential First

Wow, what a year of presidential firsts!

In what can 'really' be considered an unprecedented presidential first, President Barack "Mo' Money" Obama set the unprecedented unprecedent of dwarfing the spending amounts of all other first year presidents. !

Keeping a campaign promise of doing better than George Bush, and knowing that bar was set so low a midget would trip over it, President O-break-the-bank not only out did Bush in spending dring his first year -- he outspent him 2-1!

From Fox News --

In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.

That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.

That's a big increase. But compared with other presidents' first years in office, Obama is running circles around them. More....
Another unprecedented presidential first for the anals of history!

No comments:

Post a Comment

Don't be scared!