So, after close to 8 years of Harry Reid making sure the Senate passes no budget, insane Obama budgets, spending more than we have and blaming that deficit problem on not stealing enough money from the productive, the CBO getting it wrong, producing fiction to favor the ambitions of the tax and spenders in charge, and in general getting it wrong (it needs to be said twice), from deficit decline to the real cost of Obamacare (as opposed to the fiction sold by the collectivists that told us they had to pass it to show us how bad it would really be), we now have people admitting that the government books are just a ppile of bullshit From the Daily Caller article:
Uncle Sam’s financial statements are so bad the Government Accountability Office (GAO) flunked him for the 19th year in a row.
The Department of Defense, Department of Housing and Urban Development, and Department of Agriculture have books in such bad shape coupled with the country’s out of control debt and spending, that GAO “did not render an opinion on the federal government’s consolidated financial statements,” it said Monday.
Comptroller General of the United State Gene Dodaro warned danger lies ahead if policymakers don’t change the country’s unsustainable long-term fiscal path.
“Growing debt held by the public, which is now about 74 percent of the Gross Domestic Product could limit the federal government’s flexibility to address new or unforeseen challenges, such as another economic downturn or a large-scale disaster,” Dodaro said.
Ya think? Vote buying is expensive stuff. After almost 8 years of that shit, making those connected to the donkeys in charge rich as can be and the rest of us all poorer, it is no wonder that the numbers we are being told are suspect. When the shit hits the fan, and it will, it will be ugly. But the elite have rigged even that to make sure they stay on top. We are screwed every which way you play this out.