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Obama: Debt Could Fuel 'Double-Dip Recession'
FOXNews.com ^ | 11/18/09 | FOXNews.com

Posted on 11/18/2009 8:23:19 AM PST by AngelesCrestHighway

The United States' climbing national debt could drag the country into a "double-dip recession," President Obama warned in an interview with Fox News Wednesday from China, though he said he's still considering additional tax incentives for businesses to reverse the rising unemployment rate. The president, who is in Beijing as part of his tour through several Asian countries to address economic challenges, spoke candidly about the precarious balancing act his administration is trying to perform. He wants to spend money to kick-start the economy, but at the same time is in danger of creating too much red ink.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Government; Miscellaneous
KEYWORDS: economy; nationaldebt; obamao
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This guy is unbeleivable!...and who caused the climbing national debt you ASSHAT?
1 posted on 11/18/2009 8:23:21 AM PST by AngelesCrestHighway
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To: AngelesCrestHighway

WOW, is our dear reader smart.


2 posted on 11/18/2009 8:24:41 AM PST by Tarpon (To destroy the people's liberties, you poison their morals ...)
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To: AngelesCrestHighway

LOL My thoughts exactly! He is the driving force.


3 posted on 11/18/2009 8:25:20 AM PST by ET(end tyranny)
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To: AngelesCrestHighway

1) I thought he did not feel that FoxNews was a legitimate news organization; just a “perspective”.
2) What is “double dip” recession? Is that where the “poor” people get even more things free.


4 posted on 11/18/2009 8:25:20 AM PST by NEMDF
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To: AngelesCrestHighway

FUHRER OBOZO ... We told you that when you announce your first ... “””””Stimulus Package””””” ... but did You Listen??? .. NNNOOOOOOOOOO!!

Now don’t WHINE to us for your SCREWUPS... cut the taxes and get business moving.


5 posted on 11/18/2009 8:25:42 AM PST by gwilhelm56 (Pray for Obama: Psalm 109:8 "Let his days be few; and let another take his office. ")
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To: Tarpon

The audacity of talking out of both sides of his mouth...


6 posted on 11/18/2009 8:25:45 AM PST by AngelesCrestHighway
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To: NEMDF

>> What is “double dip” recession? Is that where the “poor” people get even more things free.

ROFLMAO!


7 posted on 11/18/2009 8:27:13 AM PST by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: AngelesCrestHighway

this isn’t the $2 trillion deficit Obama saying this is it?


8 posted on 11/18/2009 8:27:26 AM PST by MNDude (The Republican Congress Economy--1995-2007)
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To: AngelesCrestHighway

American President getting a Lecture on Capitalism ... From the COMMUNIST CHINESE???

WHAT’S WRONG WITH THIS PICTURE????

G-D Help us all!!!


9 posted on 11/18/2009 8:27:40 AM PST by gwilhelm56 (Pray for Obama: Psalm 109:8 "Let his days be few; and let another take his office. ")
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To: AngelesCrestHighway

In other words the porkulus bill failed.


10 posted on 11/18/2009 8:28:06 AM PST by wbones8765 ("Give me liberty or give me death")
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To: AngelesCrestHighway
Obama: Debt Could Fuel 'Double-Dip Recession'

I guess der Fuhrer 0bama must think we have fogotten his $800 Billion [non] stimulous package, or don't understand that his healthscare program will cost over $1.3 Trillion.

11 posted on 11/18/2009 8:28:39 AM PST by The Sons of Liberty (Pork Eating CRUSADER - FUBO! Mene, Mene, Tekel, Upharsin)
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To: AngelesCrestHighway

Wow!!! And his healthcare is going to help businesses how? By costing them more money? And who pays for that? Oh yeah, we do. Then he wants to throw more money at the problem? And who pays for that? Oh yeah, we do after he borrows it from China, interest included.


12 posted on 11/18/2009 8:28:45 AM PST by Wee-Weed Up
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To: ET(end tyranny)

He has no shame.....”I caused all the problems and further more I will cause more”......Jeeez Louise!


13 posted on 11/18/2009 8:29:07 AM PST by AngelesCrestHighway
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To: AngelesCrestHighway

STOP spending NOW-——ASSCLOWN!!!!!!!!!! Just go back home and realize we don’t agree with your COMMUNISTIC/FASCIST policies and we think you are immature with BIG ears could not manage a paper route and talk more crap than a 5 dollar transistor radio!!!!!!!!!!!!!!!!!!


14 posted on 11/18/2009 8:29:59 AM PST by ScareyFast63
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To: AngelesCrestHighway
OK, where's the Capt. Obvious image?
15 posted on 11/18/2009 8:30:07 AM PST by Major Matt Mason (The DemocRat Party = Enemies of Freedom.)
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To: AngelesCrestHighway
"...though he said he's still considering additional tax incentives for businesses to reverse the rising unemployment rate."

Well don't rush, you schmuck.

16 posted on 11/18/2009 8:30:34 AM PST by sofaman (To be or not to be is not a question of compromise. Either you be or you don't be. - Golda Meir)
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To: AngelesCrestHighway
The United States' climbing national debt could drag the country into a "double-dip recession," President Obama warned in an interview with Fox News Wednesday from China

Yes, so lets make the debt level even higher with government-controlled health care.

:::rolls eyes at those who are still stupid enough to be supporting this nitwit:::

17 posted on 11/18/2009 8:30:38 AM PST by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: AngelesCrestHighway

Wow! Obama is such a debt hawk! He makes my leg tingle! (Playing to Fox viewers)


18 posted on 11/18/2009 8:31:55 AM PST by george123
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To: george123

After the porkulus and the budget he JUST discovers this now...


19 posted on 11/18/2009 8:33:58 AM PST by jyoders19
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To: ET(end tyranny)

For him to say it himself is astounding to me....basically it’s: I’m going to ruin America and don’t give a damn!


20 posted on 11/18/2009 8:34:33 AM PST by AngelesCrestHighway
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