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And Now, Back To Our Regularly Scheduled Spending Orgy

January 21, 2009
Michelle Malkin
1/21/2009

The time has come,” President Barack Obama told us in his inaugural address, “to set aside childish things.” He borrowed the line from Corinthians. With the Beltway bread-and-circus show over, President Obama will now get to work on borrowing hundreds of billions of dollars from you, your children and your grandchildren for a doomed fiscal stimulus.

As President Obama basked in the inaugural glow, a dark cloud of reality moved in over the Democrats’ $825 billion plan to rescue the economy. The Congressional Budget Office crunched the numbers and concluded that a huge bulk of the federal spending orgy wouldn’t actually kick in until the recession is waning — if not already over.

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