Former vice presidential candidate Sarah Palin will appear on FOX News tonight to say a big ‘I Told Ya So’ in the face of a new report that Barack Hussein Obama will spend this country into a $11 trillion dollar deficit.

Additionally, critics are wondering what happened to those jobs promised in Obama’s wasteful $800 billion Stimulus package as the unemployment sits at its highest level in 25 years.

Instead of finding solutions to fix our ailing economy, Obama is doggedly pursuing Congressional approval for his wasteful health care plan that is doomed to failure. There’s that word ‘wasteful’ again.

I’m not sure what part of “Obama isn’t qualified to run this country” — people don’t understand.

From Drudge Report:

As President Obama vows to spend the ‘stimulus’ faster, Governor Palin tells host Sean Hannity: ‘You gotta quit digging that hole!’

HANNITY: What do you make of – look at the state of the economy now…

PALIN: Well, when you consider that the federal government is about eleven trillion dollars in debt, and we’re borrowing more to spend more.. it defies any sensible economic policy that any of us ever learned through college. It defies economy practices and principles that tell ya ‘you gotta quit digging that hole when you are in that financial hole’

Palin continues:

“America is digging a deeper hole and how are we paying for this government largesse. We’re borrowing. We’re borrowing from China and we consider that now we own sixty percent of GENERAL MOTORS – or the U.S. government does… But who is the U.S. government becoming more indebted to? It’s China. So that leads you to have to ask who is really going to own our car industry than in America.”

HANNITY: You know but it goes back – It does go back a little to the campaign. I mean, ‘spread the wealth, patriotic duty…’

PALIN: Kind of a ‘we told ya so’. READ MORE…