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Wednesday, November 18, 2009

Irony at it's Best...

...Obama talks about to much debt being harmful as he spends more than any other President in the history of our country and increases our debt to over 12 Triilion (debt pace greater than Clinton and Bush combined.)From Reuters:

President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.....With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction....His administration was considering ways to accelerate economic growth, with tax measures among the options to give companies incentives to hire, Obama said in the interview with Fox conducted in Beijing during his nine-day trip to Asia.

Read Here: http://www.reuters.com/article/politicsNews/idUSTRE5AH1RY20091118?feedType=RSS&feedName=politicsNews&rpc=22&sp=true

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