To: mmichaels1970
Obama: Too much debt could fuel double-dip recession I suspect that the fact that 0bama even brought this up is because the economists have told him it IS going to happen. It is probably already underway.
He's saying it now, so he can distance himself as the REAL cause, and to soften the political impact.
37 posted on
11/18/2009 5:21:19 AM PST by
The Sons of Liberty
(Pork Eating CRUSADER - FUBO! Mene, Mene, Tekel, Upharsin)
To: The Sons of Liberty
I suspect that the fact that 0bama even brought this up is because the economists have told him it IS going to happen. It is probably already underway.Yeah, it is. My husband is an accountant. What we have now is unsustainable. We're in another bubble already, and it's going to explode.
To: The Sons of Liberty
He will now be able to blame it on a “lack of confidence” because he was already trying to reduce the deficit.
See that spin wasn’t so hard.
87 posted on
11/18/2009 6:07:36 AM PST by
EBH
(it is the Right of the People to alter or to abolish it, and to institute a new Government)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson