Obama’s Historic Presidency Continues; Deficit Hits $1 Trillion for the First Time in History

  It isn’t often that one person can make history twice in his or her lifetime not to mention twice in eight months but that is what President Obama has done. President Obama made history when he became the first black president  and now he has made history once again.

  For the first time in history the federal deficit has topped $1 trillion, congratulations are in order for Barack Obama as he has spent more money in his first eight months as president than all the other presidents combined.

  But fear not, as President Obama told Hollywood at a fundraiser, “you ain’t seen nothing yet.” The spending is far from over, we still have the pending climate change and healthcare bills as well as talk of a second stimulus bill.

  This record deficit is projected to almost double by the fall to about $1.85 trillion, making it a record that quite possibly will never be broken. That is unless Barack Obama is elected to a second term.

  The hits just keep on coming. With all of the president’s spending that the country cannot afford and with the borrowing of money from China and with the printing presses rolling we can consider one more thing history if we keep spending at this rate– our country.