Obama Says U.S. Long-Term Debt Load ?Unsustainable? (Update1) - Bloomberg.com
Talk about cluelessness. If Dear Leader weren't spending so damn much, he wouldn't have to borrow so damn much.“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”
Instead of all those Constitutional law courses he slept through at Harvard, he should have taken a basic class on how to balance a checkbook. Then he'd at least have some clue as to what the problem is.
If Dear Leader wants to solve the problem of deficit spending, here's a simple suggestion: