OBAMA WILL LEAVE THE U.S. IN "DESPAIR AND MISERY"

BREAKING: Here’s the “Time Bomb” Obama Has Set for When He Leaves Office

Tuesday, January 27th, 2015

Barack Obama’s legacy was supposed to be “Hope and Change,” but it might end up being “Despair and Misery.”

A new report from the non-partisan Congressional Budget Office has revealed that the federal deficit may explode to extreme levels in 2017 — the same year that Obama will retire to a permanent vacation in Hawaii. How convenient.

The federal budget deficit was at a historic high in 2009, driven by the infamous “stimulus package” and recession. At its peak, that deficit was $1.9 trillion.

Luckily, the economy has improved somewhat over the past few years, and the deficit is predicted to fall to $467 billion in 2016.

There’s a major problem, however. According to Townhall, the deficit is due to begin rising dramatically right around the time that Obama leaves office.

That increase is fueled by expensive programs like Obamacare, which is already significantly over budget.

By the year 2025 — only ten years away — the deficit is predicted by the CBO to again exceed $1 trillion a year. That’s close to double the highest deficit amount during Bush’s presidency.

The numbers from the CBO paint a dire picture. In 2017, the government is expected to spend $384 billion just on Medicaid. That’s twice the level of pre-Obama spending.

Like a drunk with a credit card, Barack Obama seems not to care about costs… or future debts.

The White House was recently asked if the 2015 budget would continue the spending spree.

Press Secretary Josh Earnest replied, “The president has been pretty clear about the fact over the last two weeks that now is exactly the right time for us start making some policy decisions that will invest in middle class families.”

Translation: Spend more.

The frustrating part is that while professional double-talkers like Earnest and Obama claim that the spending is an “investment” for the middle class, the actual investments of those families are being raided to pay the bill. This is the definition of a ponzi scheme.

Avoiding responsibility has been Barack Obama’s modus operandi for his entire presidency — and maybe for his entire political career.

He won’t be the one who has to deal with the mess that has been created. That difficult job will fall on the next generation, while Obama shrugs and plays golf.