It doesn't take Sigmund Freud to figure out that all this federal spending is insane
In what appears to be an effort to postpone the day of reckoning for President Obama’s insane spending spree, the administration is delaying the release of updated economic numbers for 30 days.
The Associated Press reports:
The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape.
The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.
The release of the update – usually scheduled for mid-July – has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.
The administration is pressing for votes before then on its $1 trillion health care initiative, which lawmakers are arguing over how to finance.
Got that? The president is going to delay release of the bad numbers until after congress has a chance to approve ObamaCare, an additional trillion dollar expenditure.
We think we just figured this out.
Obama’s got a gambling addiction. ObamaCare is his attempt to double down on the trillion dollars he’s already lost. He’s knows he only has a few chips left on the table and he’s willing to make wilder and wilder bets, thinking to himself, “If I just win this bet I’ll be even and the wife will never know I’m gambling with the kids’ college money.”
This explains why he came out so strongly against Las Vegas conventions. It’s what psychologists call projection – ascribing his own personal attributes onto other people.
Of course, we are able to make this diagnosis because we are highly-trained clinical psychologists.
Which also allows us to say that this guy’s spending is absolutely insane.
Source: Associated Press via Ace of Spades
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im gonna have to stop you there sir.
i heard on the news that a delay is customary when reporting a new prez’s economic numbers, as a way to keep out the numbers of the previous administration.