Wednesday, November 18, 2009

You Don't Say

Obama: Too much debt could fuel double-dip recession

BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.

Coming from the man who just wasted nearly a trillion dollars on a do-nothing (nothing good, anyway) "stimulus" package, and is actively trying to impose trillions in additional healthcare and energy costs (not to mention, MASSIVE tax increases) on an already over-burdened and suffering nation.

It's almost as if he wants us to be so miserable and destitute that we'll have no alternative but to come begging to him on our hands and needs to be graced with his benevolence and goodwill.

I will say this about Barack Obama.

For the first time in my adult life, an American president is living up to each and every expectation I had of him prior to his being sworn into office.