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An April Fool’s Joke? (Townhall.com) April 8, 2013

Posted by daviddavenport in Radio Commentaries.

Was it an April fool’s joke—or just bad timing—when President Obama announced that April would be “National Financial Capability Month.” Among its ironic objectives is teaching young people how to budget responsibly.

Let’s see: The federal debt has grown from $10 million to nearly $17 million on this president’s watch, more than a 50 percent increase, and your household’s share of the debt has grown by over $50,000. The Congressional Budget Office says the fastest growing segment of federal spending from 2015 to 2021 will be…interest payments on the debt.

May I suggest that a better teacher than Mr. Obama on budgeting responsibly would be the new children’s book, Mr. Penny and the Dragon of Domeville, in which Mr. Penny tries to teach the federal dragon to quit eating everyone’s money before we run out.

Please click on the link to listed to the audio: http://townhall.com/talkradio/dailycommentary/669467

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