The information about Obama's spending and the effects it will have are not just from right wing sources. You can find it across the political spectrum of right wing conservatives to left wing socialist, marxist, communist.
What economic theory is Obama and his people operating from?
What person, family, group, city, county, state, country or company has been able to spend borrowed money way beyond thier means to pay back and survive economically?
....... save every penny you can......
The best advice Obama could possibly follow.