Posted on 02/18/2010 5:59:28 AM PST by Zanton
About one year ago President Barack Obama signed the fantastical boondoggle American Recovery and Reinvestment Act into law. It was a ghastly 787 billion dollar federal government intervention project -- most of it wasted or counter-productive. It's going to take decades to recover from this Big Government fiasco -- along with President George Bush's very similar mega-bill the year before. In general terms, we'll never recover. America will financially suffer from these two miserable government "bail-outs" forever.
Yesterday -- commemorating this unspeakable Leviathon-based disaster -- President Obama pointed out that "economists from across the political spectrum warned that if dramatic action was not taken to break the back of the recession, the United States could spiral into another depression." But so what if virtually all of today's Nanny State-brainwashed economists warned that? These people are anti-freedom, anti-capitalist morons. They know nothing about nothing when it comes to economics. They and their cockamamie ideas are the reason we got into this ridiculous, dreadful mess in the first place!
They're the same pro-Big Brother, anti-laissez-faire bozos that created and prolonged the Great Depression in the America in the 1930s; then caused the two "lost decades" in Japan since 1989. So when Obama says he's heavily backed by "independent non-partisan economists across the spectrum" it means nothing. Or else it's a massive statement of indictment.
Obama yesterday said at the White House that he helped create and pass the stimulus bill because "failure to do so would have led to catastrophe." Utter bullshit! Passing it is the true long-term and overall catastrophe.
Obama also claims that "we have rescued this economy from the worst of the crisis." Not true! And that "it is largely due to the Recovery Act that a second depression is no longer a possibility." Not true! And that "we will leave our children an economy that is stronger and more prosperous than it was before." Hilariously not true!
President Obama is a bankrupting, business-crushing, economy-destroying Welfare Statist nitwit -- just like President Bush was before him. He's an impoverishing, anti-capitalist, anti-laissez-faire fanatic and dolt -- just like Bush before him. If the United States' economy recovers any time soon it will be in spite of him, not because of him. The fact is, all of his fatuous and depraved Big Brother "help" is causing horrific short-term and long-term financial damage to all of us, and he desperately needs to knock it off.
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