Yes, the only one allowed to "blow" our money (and our children's and grand childrens's money) is HIM. He knows best how to blow it for us, then demand more after he's done blowing it.
Fed.gov can't pay its own mortage, yet he lectures everyone on managing money after he puts out a budget where he wants to "blow" over 3 TRILLION dollars.
Brilliant observation.
Well, that's crazy! I think we should all spend our way out of debt just like the gummint's doing.
Buy the boat. Go to Vegas and dump $10k. Buy a new car. Fix up the house. Blow all the damn savings. Get a HELOC and spend it all. Make sure you don't have a penny's worth of equity. When you die, let the kids figure out what to do. If they want the family house, let them buy it from the bank.
Let the future generations pay for it. That's what obama has taught us, so let's go do it! Vegas, here I come to spend myself out of debt! I'll be there as soon as I get the new boat docked and pick up the new car.