If February's spending holds true, Obama's annual debt will be 2.64 trillion, not 1.5 trillion as he has projected. He is spending at 8 times Bush's.

We are being told that Obama's debt accumulates at the rate of 1.5 trillion annually, or 127 billion a month (4.1 billion dollars x 31 days). Where did we get this number? From Obama, himself. The 1.5 trillion in annual deficits is his number. But . . . . .

Here is our (Midknight Review's) problem: the February debt, alone, was 220 billion. Obama is telling the nation that his annual debt this year will be 1.5 trillion BUT, if the 220 billion per month holds for the next 12 months, his annual deficit will actually be 2.64 trillion. . . . . that's 2.64 trillion in one year. It took Bush 8 years to spend that same total.

In other words, Obama is spending at 8 times the record pace under G. W. !!! Rather than adding as "little" as 10 trillion in the coming 10 year period, Obama is on tract to add 26.4 trillion to the national debt in that same period of time. By 2020, our debt will be 90% of our GDP, an sustainable total.

If you do not fully understand our situation, as a nation, what with all the talk of GDP and 26.4 trillion, we give you this example.

Think of your total income per month - that amount is your "GDP." Now, spend 90% of that income on monthly payments for the house, the car(s), auto insurance, property taxes and transportation costs (gas, oil, auto maintenance, tires -- etc) and nothing else.

That would give you 10% of your income to spend on "secondary issues" such as food, clothing, debt reduction (credit card payments), recreation, charities, transportation costs other than travel to and from your job, Christmas, graduation costs and special event funding (marriage and divorce for you and/or your children), doctor expenses, health care insurance, prescription costs, special health care demands ( if any), emergency repairs.

Anyone see the problem? On our illustration, above, if your monthly income was $2,000 a month, you would have just $200 to spending on "secondary issues." Impossible.

Just as surely as a 90% debt against income (as described above) is an impossible task, so to is a 90% debt against our Gross Domestic Product ( all that we do as a nation to create income). Socialized Security is not counted in national debt totals. Neither are war expenses, national disaster costs, Medicare overages and interest on the national debt.

We cannot survive as a nation with a debt-to-GDP ratio of 90%. Since Obama has no clue on how to govern without spending money, he will have no choice but to increase taxes by 60% over the coming 10 year period.

Can anyone think of a better reason to fire this idiot, call the '08 election a bad dream, and move on? --- jds.