A. Barton Hinkle on Obama’s Bogus Budget

“With the 2015 budget request,” The
Washington Post reported last week, “Obama will call for an
end to the era of austerity that has dogged much of his
presidency.”

Well, it’s about time! The end of austerity cannot come soon
enough, writes A. Barton Hinkle. And a quick look at the historical
budget tables shows why: In 2008, the federal government spent just
a hair under $3 trillion. After six years of President
Slash-and-Burn, spending has shrunk to almost $4 trillion. If we
keep cutting like this, it will be down to $5 trillion before you
know it.

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