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"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan




Sunday, May 20, 2012

Crossroads GPS - Cutter Correction

"Today I'm pledging to cut the deficit we inheried by half by the end of my first term in office..."
Barack Obama - February 23, 2009

That simply did NOT happen. Not even close. The 2013 budget Obama rolled out in 2012 had more than one $1 trillion in deficit spending.

Deficit spending during Obama’s four years in the White House (based on his own figures) will be an estimated $5.170 trillion — or $5,170,000,000,000.00.

To help put that colossal sum of money into perspective, if you take the deficit spending under Obama and divide it evenly among the roughly 300 million American citizens, that works out to just over $17,000 per person — or about $70,000 for a family of four.


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