Ping
If we would have gone bankrupt without it, I shudder at the thought of whats going to happen with it.
Obama: “America would have gone bankrupt if not for our new trillion-dollar boondoggle”
Translation: “America IS bankrupt BECAUSE OF our new trillion-dollar boondoggle.”
2+2=5?
Now, people when I say that look at me and say, What are you talking about, Joe? Youre telling me we have to go spend money to keep from going bankrupt? The answer is yes, thats what Im telling you.
~~ Slow Joe Biden
same pack of Ivy League sophomore’s who think Marx just did’nt quite have the tight talent the last time around....and just give us all the money we need ...and we’ll make it work..we promise...
same pack of Ivy League sophomore’s who think Marx just did’nt quite have the right talent the last time around....and just give us all the money we need ...and we’ll make it work..we promise...
It scares me more that there are a good many people who will believe it.
That’s like saying America would have burned to the ground if he hadn’t smothered the flames with a trillion pounds of high explosives.
Because of this bill, the effects of bankruptcy will be masked for another 6 months or so.
Which moron added government spending to GDP instead of subtracting it?
“I know he has to say stuff like this admitting that we just added more economic dead weight to an already crushing entitlement load would be politically catastrophic but its still amazing to hear him say it.”
Since he refuses to release his transcripts, we can only guess. But it’s a fair inference Barack Obama has never taken a course in Econ 101. Moreover, his cabinet has the least private sector experience of any cabinet in the past century. Expecting him to be economically literate is perhaps as unfair as expecting a moron to understand the theory of relativity.
He literally does not understand that as government absorbs more of the pie, the pie grows less slowly or shrinks. Likewise, he has no concept that every dollar in visible taxes shrinks the size of the pie by 30 cents in lost output. He thinks it’s all about redistributing pie and that there’s not a dime’s worth of difference whether HE spends your money or you spend it yourself. And due to his arrogance (hard to say whether this comes from nature or nurture), he believes his judgment about how your money should be spent is superior to yours.
The person millions regarded as the messiah turns out to be a two-bit politician with grossly erroneous ideas about how the world works. This clown prince convinced nearly all the Democrats in Congress to leap off a cliff for him on health care reform. It will not be until voters turn in their ballots next fall that these delusional Democrats wake up and smell the coffee. Obama is the worst president and worst thing that has ever happened to their party.