Obama Admits We Are Mortgaging Our Children’s Future

  I am a little bit confused, I must have entered the Bizarro World. Just look at the following quote from the president:

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

  I have heard that somewhere before. It is the exact criticism that has been leveled at this president for his irresponsible budget. Suddenly he is concerned with mortgaging our children’s future? Is he forgetting that it is his budget and the bailouts that are the problem. I know, I know, he inherited this problem, he didn’t create it. Blah, blah,blah.

  At least he is finally admitting what his critics have been saying is true. Kind of. While he has admitted that we are mortgaging our children’s future he is not blaming his budget for the debt that we have just borrowed– he is blaming health care costs and credit card companies. Which of course in his eyes means that we are going to have to spend even more money so that the government can “fix” these problems by taking them over. Figure that one out.

  I have to give him credit, he has managed to take one of his biggest criticisms and spin it in a way to defer all blame for the problem that he exacerbated. Much like with the war in Afghanistan, he may not have created the problems that we now face but with the policies he has implemented he now owns the problems. For better or worse.