NO!bama08
Senior Member
- Sep 13, 2008
- 133
- 30
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TheHill.com
Great article. Here's a quote....
"As it becomes clearer that the deficit caused by spending has landed us in a new economic crisis, entirely of Obamas own making, his popularity and job performance are likely to drop as well.
The old recession that the public says was caused by Bush shows signs of winding down. But the new recession and/or inflation triggered by Obamas massive deficits is just now coming upon us.
If Obama refuses to cut back on his spending/stimulus plans (despite convincing evidence that Americans are not spending the money), he has three options:
a) He can raise taxes, which will trigger a deeper recession;
b) He can print money, which will trigger huge inflation;
c) He can pay more interest to borrow money, which will send the economy diving down again.
The blame for these outcomes will fall squarely on Obamas deficit and spending policies. The fact that Americans are aware of these issues, and already disapprove of Obamas performance on them, indicates that they will be increasingly receptive to blaming him for the new recession."
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Obviously what we needed was a true conservative president, but you liberals denied us that, now we all pay. Forget the parties, it's Conservative vs. Liberal. It's the last 5 liberal administrations that got us in this mess. How is the 6th in a row (pure socialist) going to
help the situation? He's a lame duck by mid-terms.
Great article. Here's a quote....
"As it becomes clearer that the deficit caused by spending has landed us in a new economic crisis, entirely of Obamas own making, his popularity and job performance are likely to drop as well.
The old recession that the public says was caused by Bush shows signs of winding down. But the new recession and/or inflation triggered by Obamas massive deficits is just now coming upon us.
If Obama refuses to cut back on his spending/stimulus plans (despite convincing evidence that Americans are not spending the money), he has three options:
a) He can raise taxes, which will trigger a deeper recession;
b) He can print money, which will trigger huge inflation;
c) He can pay more interest to borrow money, which will send the economy diving down again.
The blame for these outcomes will fall squarely on Obamas deficit and spending policies. The fact that Americans are aware of these issues, and already disapprove of Obamas performance on them, indicates that they will be increasingly receptive to blaming him for the new recession."
--------------------------------------------
Obviously what we needed was a true conservative president, but you liberals denied us that, now we all pay. Forget the parties, it's Conservative vs. Liberal. It's the last 5 liberal administrations that got us in this mess. How is the 6th in a row (pure socialist) going to
help the situation? He's a lame duck by mid-terms.