Data Point- Government spending - Granite Grok

Data Point- Government spending

A couple of facts:

The administration of President Barack Obama has already increased the national debt in fiscal 2011–which ends this coming Friday–by an amount greater than the cost of the entire federal government in fiscal 1970, when Richard Nixon was president.

Who knew that one day, our debt would be larger than a "modern era" Federal / national budget? (H/T: Boortz)

 

“It’s amusing to consider that Elon Musk has built an entire manned spaceflight program for less money than Obama pissed away on Solyndra. (Well, actually, it’s horrifyingly depressing. But a useful comparison, withal.)

That would be SpaceX, a company that Elon founded (along with Paypal and Tesla Motors, H/T: Instapundit)

 

>