Our View: Was this an April Fool’s joke

Posted: April 2, 2013

OK, Monday being April 1, we figured this item that crept through the technological transom just had to be an April Fool’s joke. President Obama, it seems, has proclaimed April to be National Financial Capability Month — during which his administration, among other things, will teach young Americans how “to budget responsibly” and “make sound decisions in the marketplace.”

Now isn’t this rich? Let’s see, when Mr. Obama took office 50 months ago, the national debt was $10.626 trillion. At the close of business Friday, that figure had ballooned to $16.766 trillion — which means that under Mr. Obama’s, ahem, “stewardship” the national debt load has increased $53,377 for each of the 115,031,000 American households his administration now wants to “help.”

Yeah, this had to be an April Fool’s funny. Sad, but untrue.