Obama’s Deficit

Obama proving that education and intelligence are unrelatedThe Campaigner-in-Chief’s deficit might soon become a problem if it isn’t reined in very quickly and firmly.

No, not our nation’s deficit, which Obama has blithely hiked to previously unheard of and ruinously unsustainable levels in less than one term. His 2012 reelection campaign budget is his current problem, and it’s one deficit that he might actually care about.

The Obama Campaign spent more in May than it raised! The boy’s campaign and the Obama Victory Fund, a joint fundraising committee with the Democratic National Committee, raised over $54 million last month, but they spent $69 million, creating a $15 million deficit.

It seems that Obama and his handlers run a campaign in the same way that they run a government. 😆

Related Reading:

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Michelle Obama: A Life
Government by the People, Brief 2012 Election Edition (10th Edition)
The Debt Escape Plan: How to Free Yourself From Credit Card Balances, Boost Your Credit Score, and Live Debt-Free
The Politics of Public Budgeting: Getting and Spending, Borrowing and Balancing

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