‘Living within our means’

By Joseph Farah

Did he really say that?

I heard it with my own ears, but I had to see it with my own eyes before I believed it.

I don’t know how it played in Peoria, but when Barack Obama delivered a speech there more than a week ago, this is what he said:

“We’ve gotta spend some money now to pull us out of this recession. But as soon as we’re out of this recession we’ve gotta get serious about living within our means instead of leaving debt for our children and grandchildren and our great-grandchildren. That’s not the responsible way. That’s not how folks here in Peoria operate in their own lives, and they should expect the government is equally responsible.”

Well, maybe I don’t understand. A few questions come to mind:

  • If spending money you don’t have is a good thing in times of economic crisis, why is it a bad thing in good times?
  • If Obama acknowledges what we all know to be the truth, that his economic gimmicky is simply making our children, grandchildren and great-grandchildren responsible for our problems, why is he doing it? How is that moral?
  • If it’s not responsible, does that make him irresponsible?
  • Why doesn’t he explain how increased debt to build Frisbee golf courses and more funding for the street agitators in ACORN is going to help turn around the economy?
  • And lastly, how do you like being preached to about fiscal responsibility by a man who wants you to bail out homeowners who are not making their mortgage payments?

The debt created by our federal government now exceeds the gross domestic product of the entire world. That literally means there isn’t enough money in the world to pay back what Washington has borrowed. How does a country extricate itself from that dilemma? You can’t print money fast enough to keep up with the rising debt.

We won’t be able to pay even the interest on the debt we’re creating under Obama’s plan for several generations.

Is that when we’re all going to tighten our belts and start “living within our means”? Just when does that part of his economic plan kick in?

It’s very clear now the Democrats controlling Washington are living in a parallel universe – one where up is down, left is right, dark is light, fairness is unfairness and responsibility is irresponsibility.

But is it really necessary for Obama to insult our intelligence like this?

His supporters have already demonstrated a complete, abject inability to comprehend the simplest economic principle. He doesn’t need to fool them. They fool themselves.

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Does he expect the rest of us to believe there’s a light at the end of the tunnel and it’s called “government fiscal responsibility”?

Does that start when Republicans take power, when hell freezes over or both?

Who is writing these lines for comedian-in-chief?

Millions of Americans are losing their jobs and their homes, and Obama signed a bill to provide $650 million to pay for people’s digital television converter boxes.

Whatever happened to the idea of leading by example?

While Washington is borrowing a trillion here and a trillion there, the president is lecturing the rest of us to start living within our means.

Not content with bankrupting the government, Obama and the Democrats seem intent on literally bankrupting the U.S. economy – and maybe the economy of the entire world.

Do I exaggerate?

If so, please straighten me out.

I could use some reassurance about now.

 


Joseph Farah

Joseph Farah is founder, editor and chief executive officer of WND. He is the author or co-author of 13 books that have sold more than 5 million copies, including his latest, "The Gospel in Every Book of the Old Testament." Before launching WND as the first independent online news outlet in 1997, he served as editor in chief of major market dailies including the legendary Sacramento Union. Read more of Joseph Farah's articles here.