This was the Drudge Report headline link July 17, 2009 to “Folksy Joe” Biden: 'WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT'
Here’s what Folksy Joe said at an AARP event in Alexandria, Va.:
“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable. It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”
“We’re going to go bankrupt as a nation,” Biden said.
“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.”
Just above Folksy Joe’s headline, Drudge linked: CBO: Federal budget is on unsustainable path..., in which the Director of the Congressional Budget Office explained that current spending, and the resultant enormous increase in public debt, has put “…the federal budget … on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run.”
Just above the CBO Director’s report, Drudge linked: UPDATE: Senator quashes department's bid for cartoonist... The Treasury Department had wanted to hire a cartoonist to “… conduct two, 3-hour Humor in the Workplace programs that will discuss the power of humor in the workplace [and] the close relationship between humor and stress.”
The ad was cancelled when they found they didn’t need to hire a humorist, they could just have someone read Folksy Joe’s remarks at their meetings.