March 7, 2011

Monthly Federal Deficit Hits Record

According to an article in the Washington Times, the latest monthly deficit number is stunningly atrocious:

The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning.

That figure tops last February’s record of $220.9 billion, and marks the 29th straight month the government has run in the red — a modern record. The last time the federal government posted even a monthly surplus was September 2008, just before the financial collapse.
Notice that despite the Bush spending spree, the last surplus came on his watch? Expect to hear that exactly zero times in the mainstream media.  Just like you will hear nothing about 29 straight months of deficits being a record.  Why not?  President Obama has been at the helm 25 of those 29 months.  For a guy who is supposed to be serious about reducing the deficit, that looks abysmal. That's why not.

In fact the Times goes even further in providing a point of reference for this colossal failure - how does it compare to the proposed spending cuts?

Last month’s federal deficit is nearly four times as large as the spending cuts House Republicans have passed in their spending bill, and is more than 30 times the size of Senate Democrats’ opening bid of $6 billion.
Perhaps these are just starting points, but no one in Washington appears to be taking the budget crisis seriously enough.


  1. While all of this is going on, our elected officials are "negotiating" cuts in spending. I'd laugh if the joke wasn't so pathetic.

    The President and his lackeys propose 61 billion in cuts for the rest of the year, barely half of what the Reps. are proposing.

    In all reality, both sides are feeding us nothing but hot air. Hell, just the other day, the GAO reported god knows how many billions of dollars in waste and redundant programs. In other words, make work jobs which if we cut the waste and do away with them in the eyes of the morons in D.C. would cause a loss of jobs. As such, we are expected to keep paying for nothing!

    As you know Dean, I can be quite crass and in this case what we are seeing is not only a complete lack of responsibility on either side along with a dose of hard sore Socialism on the left (after all, they now openly ask out loud what right one has to his or her own money), but in fact a complete "Blow it out your ass!" directed at the American people.

    As long as we're at it, let's not forget that the "experts" are telling us the rise in fuel prices and food will not effect the so called recovery and we shouldn't worry about it. Although one would like to believe that kind of incredible bullshit, these statements come form the same folks and their leader who rather amazingly stood up in front of a roomful of Jews in Miami and told them with a straight face not to worry about the Muslim Brotherhood or the changes in the Mideast. Seeing as one has to take anything said by these bozos as a grain of salt at best and combined with the fact that the entrenched Rhinos, turncoat bastards all are more worried about their palms being greased than the actual welfare of the country, we have the recipe for a disaster of monumental proportions.

  2. Dean,

    Now and again I put out what I call a moron alert. I've put this one on other sites so I'm going ahead and adding it here.

    Moron alert! The GAO identified over 200 billion dollars in waste just on redundant programs. Yet through all the B.S. coming form the Clown in Chief and the legislature, we haven't heard anyone use some common sense and say start here! What, the Rhinos and Dems who depend on keeping around workers who produce nothing are so scared of loosing their greased palms that they're willing to spend the country into oblivion? Hypocritical bastards! Now, just today, one of these morons are saying we will need a QE3 to keep things going. Print more worthless money and up the debt more! When does it stop? Probably no time soon as you now have the hard core leftists openly questioning one's right to their own money with no outcry from either the Rhinos or the moron in the White House. Get ready to bend over kids because this administration is going to drive the dry tapered corn cob all the way up and get out the rubber mallet to do it? We're bankrupt and no one in D.C gives a rat's ass about it!

  3. Joe,

    Thanks for the extensive comments! It's like having a guest blogger there's so much there.

    With respect to the GAO, $200 billion is all they've caught so far. I'm sure if they repeated the investigation a few more times they'd probably be able to double that number. Imagine savings of $400 billion - that would be per year. THAT is a big deal.

    I'm not sure where those identified savings opportunities are headed - perhaps it will take some time to figure out the smartest way to eliminate the redundant efforts. Fair enough, but why didn't that effort start, with much fanfare, yesterday?


Disagreement is always welcome. Please remain civil. Vulgar or disrespectful comments towards anyone will be removed.

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