April Fools

Have you heard the news? President Obama has declared April to be National Financial Capability Month with a key goal of teaching young Americans how to budget responsibly.

Together, we can prepare young people to tackle financial challenges — from learning how to budget responsibly to saving for college, starting a business, or opening a retirement account.

Financial capability also means helping people avoid scams and demand fair treatment when they take out a mortgage, use a credit card, or apply for a student loan. My Administration continues to encourage responsibility at all levels of our financial system by cracking down on deceptive practices and ensuring that consumers are informed of their rights.
The truth is that I don’t even remember when last we had a president who could claim the moral high ground on responsible budgeting, but it’s been long enough that this comes across more as April Fools joke than meaningful presidential guidance.

Politicians, budget thyself.

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