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The Obama administration fiscal policy is currently a ruinous fiscal policy involving government spending at unprecedented levels. The Obama administration fiscal policy is burying Americans under a mountain of debt.

Under the Obama administration, the budget deficit reached an all-time high of $1.416 trillion (10.0% of GDP) in fiscal year 2009. Spending fell and revenues rose in fiscal year 2010, resulting in a lower budget deficit of $1.294 trillion (8.9% of GDP).<ref>Benen, Steve. “Deficit Shrinks From Last Year's Record.” October 15, 2010. Washington Monthly. http://www.washingtonmonthly.com/archives/individual/2010_10/026151.php</ref>

Below are some articles and videos on the Obama administration's reckless fiscal policy:




  • “The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite.” - Thomas Jefferson

See also


obama_administration_fiscal_policy.txt · Last modified: 2020/03/12 18:36 (external edit)