Is Obama trying to hide the growing debt?

Discussion in 'Economics & Trade' started by Anders Hoveland, Mar 18, 2012.

  1. Anders Hoveland

    Anders Hoveland Banned

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    The president has just issued an executive order that authorises several governmental agencies to borrow money and take on debt, without oversight from congress.

    http://www.whitehouse.gov/the-press...order-national-defense-resources-preparedness

    Is Obama trying to expand the military and government spending by taking on more debt, while creating the appearance that he is trying to reduce the deficit? It seems like just another accounting scheme to shift around the new debt that the government is taking on.
     
  2. fmw

    fmw Well-Known Member

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    Most of us just call it politics.
     

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