Community Activist vs. Successful Businessman. The Choice Is Yours

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I know it’s hard to keep track of all the broken promises of President Barack Obama.  But I think this is a big one.  As a candidate, Obama promised to cut the federal deficit in half.  

Right now, the government borrows about 40 percent of the money it spends. Taxes make up the rest. The President produced a budget but it doesn't cut spending and every member of his own party voted against it.  

Last year, the government spent $1.22 billion dollars more than it took in. This year, the deficit actually increased by $47 billion dollars to $1.23 billion and change. That means the total debt of the average American household stands at just under $137,000. That would just about wipe out the equity the average family has left over in its home, after government policies cratered the economy four years ago. 

To put it in personal terms, the federal debt of the average family increased by $10,855. That’s up from the $10,454 it jumped last year.  Should we send the college professor community activist back to Chicago and hire a successful businessman to replace him?