Obama sinks lower

Today's Drudge report has a headline story in which Obama is quoted in a C-span interview as saying the the US is out of money. He then goes on to blame the deficit on health care costs. I know that Obama admitted taking drugs when he was younger, but he claimed that he had stopped. This latest howler makes me wonder if he was telling the truth. The deficit is due to health care costs? Incredible. Obama makes Nancy Pelosi look like a truth teller. The deficit is due to out of control spending by the government on all manner of things. While there was little restraint over the last few years of the Bush administration, there was, at least, some attempts to keep spending under control. Then the Obamacrats got control of the government and quickly spent nearly two trillion dollars that the USA did not have. That spending spree had nothing to do with health care -- except maybe it led to a few heart attacks among the fiscally responsible as they pondered the maniacal spending pouring out of Washington to bolster the Dems and their allies. The spending was the victory once again of a political/economic philosophy which has failed previously in this and other countries. Indeed, there is no instance in history where there has been a success for the tax and spend (or more precisely the no tax but spend) philosophy. The only way to get the economy growing so that people can get newly created jobs is to motivate the private sector through tax reductions, steady regulation (not everchanging standards imposed seemingly at random like Obama has been doing) and a clear control by the rule of law (not favoritism for one's cronies like Obama has done with the UAW and GE).