The federal deficit in the first three months of 2012 is higher than 6 out of 8 yearly deficits under Bush

That's right. In the first. three. months of 2012 the federal deficit is an astounding $454.2 billion dollars. That is higher than the annual deficits (caution, it's an excel file) in 2001, 2002, 2003, 2004, 2005, 2006, and 2007. And it is only $4 billion less than the entire deficit in 2008, the first budget written by the Congressional Democrats.

Obama: Winning the Future through financial destruction.

Good News: Chinese $5 trillion richer thanks to Obama policies

Debt Has Increased Under Obama by $5,027,761,476,484.56. And he hasn't even been in office for a full 4 years yet. Since he has taken office, Obama has increased the debt by $1.54 trillion dollars a year and one hundred and twenty five billion dollars a month. If that keeps up Obama is due to add another trillion to the debt by the end of the year.

The man needs to go.

Obama Campaign Manager Endorses Mitt Romney

Looks like the Mitt Romney campaign is having a little fun with something David Axelrod said this morning on Fox News Sunday

The choice in this election is between an economy that produces a growing middle class and gives people the chance to get ahead.... and an economy that continues down the road we're on

Clearly, Axelrod just screwed up his talking points but gaffe aside he is absolutely right. There is a stark choice this election, on the one side you have President Obama who has presided over yearly trillion dollar deficits, ignored actual solutions to rising energy costs while giving billions of tax dollars to failed green energy companies, destroyed the used car market for lower income Americans by instituting the Cash for Clunkers program that required vehicles traded in to be destroyed, and who has no real economic plan other than to soak the rich with more taxes, even though the top 1% already pay close to 30% of all federal taxes in this country.

On the other side of the aisle stands Mitt Romney. A man who understands the economy because he's actually worked as an executive. A man who has created jobs. A man who has had to build, and maintain, a balanced budget.

Axelrod is absolutely correct we can't afford to continue down President Obama's path of high unemployment, outrageous deficits, and budget busting energy prices but the only way we can get off that path is to send Obama packing. I know a lot of conservatives aren't enthused about Romney but we have to get Obama out of Washington.

Buffett Rule: Political Gimmick or Genuine Deficit Reducer?

Verdict, political gimmick. Just check out this great graph from Politicalmath that shows just how little the Buffett rule actually raises.