As that Supra-Genius Joey Biden said, “We have to spend in order to avoid bankruptcy.”
Well, his boss, our Dear Leader has put his ideological goals ahead of the well being of the nation and implemented his personal spending habits (which put him $300,000 in debt with an annual house hold income of over a half million dollars) as the President of the United States of America.
So, right before slipping out of D.C. to head to Martha’s Vineyard on vacation, the White House quietly announced that it is raising its projection for the national deficit to $9 trillion from $7.108 trillion. The CBO has been saying $9 Trillion for a while, and most of DNC membership has been in denial. Well folks, facts are stubborn things, and reality even catches up with our Dear Leader every now and then.