The 'stay in your parents' basement' Obama budget

◼ “The Obama administration’s budget is the most anti-youth piece of proposed legislation in generations,” said Patrick Coyle, vice president of Young America’s Foundation. “The government is enslaving young people to pay off national debt and student loans, but they’re also chaining young people to their parents’ basements. By raising taxes on job creators, this budget leaves young people with a mountain of debt—and destroys their means to pay it back." - Jason Mattera/Human Events

While this administration blames “tax cuts for the rich” on our uneven balance sheet, the truth is that, under Obama, federal spending has spiked 27 percent.

“Obama’s new budget is nothing more than a campaign gimmick aimed at trying to keep support among young people, a demographic his policies have failed,” Alyssa Farah, the Communications Director for the College Republican National Committee told HUMAN EVENTS. “Due to the policies of the Obama administration, the graduating class of 2011 became the most indebted group of graduates ever with average debt at $22,900 per student. Unemployment among young people is more than twice the national average, yet the Campaigner-in-Chief, President Obama, seems more concerned with his re-election than actually addressing the problems crippling our generation.”

True.

What the president forgot to mention to the college audience was that, not only has the deficit increased a whopping $5 trillion since he’s been in office, but that if Obama were to have his way, he’d increase that same debt by another $10 trillion over the next 10 years, with the total accumulated debt topping $25 trillion.

$25 trillion—with a T.

◼ Reminder: 2013/2014 Budget Projections From Same Administration That Underestimated 2012 Deficits by 138 Percent - Michelle Malkin