How to Budget Responsibly...

EXTXOILMAN's Avatar
This is rich...and laughable. I can't think of a single person in U.S. government with less credibility on this topic. Hairy Reed would be a close second, though.

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Obama Proclaims April the Month to Teach Young People ‘How to Budget Responsibly’

April 1, 2013
By Terence P. Jeffrey

(CNSNews.com) - President Barack Obama, who has increased the national debt by $53,377 per household, has proclaimed April “National Financial Capability Month,” during which his administration will do things such as teach young people “how to budget responsibly."

“I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices,” Obama said in an official proclamation released Friday.

“My Administration is dedicated to helping people make sound decisions in the marketplace,” he said.

"Together, we can prepare young people to tackle financial challenges--from learning how to budget responsibly to saving for college, starting a business, or opening a retirement account,” he said.

“My Administration continues to encourage responsibility at all levels of our financial system by cracking down on deceptive practices and ensuring that consumers are informed of their rights,” he said.

The proclamation on the White House website links to two other government websites: the site for the Consumer Financial Protection Bureau, and MyMoney.gov, which includes materials from 21 federal agencies.

Listed among the “popular topics” on MyMoney.gov is “Managing Debt and Credit,” which includes a link to a page on the Federal Reserve’s website called “Getting the most from your credit card.” Tip 2 on that page is: “Stay Below Your Credit Limit.”

When Obama was inaugurated on Jan. 20, 2009, the total debt of the federal government was $10,626,877,048,913.08. As of the close of business on March 28, 2013, the total debt of the federal government was $16,766,988,432,792.62—an increase of $6,140,111,383,879.54 since Obama took office.

That means that under Obama the federal debt has increased $53,377 for each one of the 115,031,000 households the Census Bureau says there are now in the United States. The president is required by law to submit a budget proposal for the next fiscal year by the first Monday in February.

Thus far, Obama has not submitted his budget proposal for fiscal 2014.

http://cnsnews.com/news/article/obam...et-responsibly
CuteOldGuy's Avatar
LOL kind of like the fox teaching the hens in the hen house how to run security
Jewish Lawyer's Avatar
LOL kind of like the fox teaching the hens in the hen house how to run security
Help me make every day Christmas Day. Hunger never stops because the holidays are over. Bring a food donation and receive $25 off an hour appoint every single day of the year. Originally Posted by SinsOfTheFlesh
I admire you for your tagline and your personal commitment to helping the poor by giving a break to those bring a food donation. Your sacrifice is more than any number of politicians do by giving away the taxes of others. Even though I disagree with some of your postings against me, I admire people such as yourself who personally sacrifice to help other people, not just talking about it, or taking credit when they get the government to do it..
chefnerd's Avatar
It's been a long long time since ANY politician HONESTLY budgeted responsibly. By that I mean NO ACCOUNTING SHENANIGANS. LIke putting payments off to the next budget period or deliberately underestimating fiscal needs. As I recall, the last to do so was IKE.
SEE3772's Avatar
Yssup Rider's Avatar
Dipshit.
EXTXOILMAN's Avatar
Dipshit. Originally Posted by Yssup Rider

We finally agree on something, Assup. O'Blunder is, indeed, a dipshit!! Just like you...thanks for chiming in.
Randy4Candy's Avatar
Aw, fellers, it's alright...Big Oil is still high on the gumment tit, along with Haliburton. It's easy to budget when you don't have to make your money - you are the expert.
Originally Posted by SEE3772
CuteOldGuy's Avatar
Aw, fellers, it's alright...Big Oil is still high on the gumment tit, along with Haliburton. It's easy to budget when you don't have to make your money - you are the expert. Originally Posted by Randy4Candy
How can that be? Obama has been in charge for 5 years? He's the one offering no bid contracts to Halliburton now, and protecting the oil company loopholes. This is why you have to stay informed, RaggedyAndy. Taking your talking points from the big Obamatron in Chicago is only making you sound stupider.