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Posted: 8:57 a.m. Monday, May 23, 2011

Fiscally Inept 

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By Neal Boortz

Under our esteemed Community Organizer, the federal government ran up $870 billion in debt in just the first seven months of this fiscal year.  That is $70 billion, or 9% higher than this time last year.  Our national debt currently stands at $14.3 trillion.  A recent Reuters article has done the math to figure out a few ways we can understand how large this number really is … 

  •  If our national debt was broken down into $1,000 bills, it would now be more than 900 miles tall.
  •  If our national debt was broken down into $1 bills, the pile would reach to the moon and back twice.

Try this one on for size …

  • The U.S. government borrows more than $40,000 per second. That's more than the cost of a year's tuition, room and board at many universities.

Meanwhile, did you know that Senate Democrats have now said that they won’t propose a budget for the 2012 fiscal year?  Harry Reid says this would be “foolish.”  Foolish for whom?  For the people of this nation, it does not seem foolish to have a budget for our federal government that is spending at these rates and sending us further into fiscal oblivion.  It is only foolish because it is not politically expedient for these Democrats to take a stand on the budget.  That is who we have running the show: people who are too scared to even propose their own ideas for our budget because they are afraid that it will jeopardize their positions of power and prestige.

Neal Boortz

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Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.

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