Socialism Defined - Barack Obama is going to kill America
December 18, 2008 by Michael Lockheart
Silly Socialist . . . We can’t go into debt more and expect ourselves to magically gain wealth! This violates every known economic principle we know to be true.
How does Obama know the economy is going to get worse?
The US economic indicators were the worst in 30 years as we learned that last month America lost 533,000 jobs. Unemployment rates right now stand at 6.7% and this number is expected to rise over the next year. As congress spent last weekend trying to decide how they are going to address the issue Barack Obama comes out with a BOLD statement.
The economy is going to worsen before it gets better?
How much worse can it get?
He stated during an interview aired on Sunday on NBC’s “Meet the Press” that “we can’t worry short term about the deficit. We’ve got to make sure that the economic stimulus plan is large enough to get the economy moving,”
How is it that we shouldn’t “worry . . . about the deficit”?
I am super skeptical about any plan where we must drive ourselves further into debt in order to gain wealth.
Have you ever taken a budget class? Perhaps you took a budget course in college . . . Is that how they tell you to build wealth?
Let me make sure I understand this. I am a struggling American who can’t pay my bills. So my only plan of recovery is to rack up credit card debt. By doing this, I will help my “consumer confidence” and my overall mental well being will thrust me forward into the light.
WTF!
Who taught this guy economics? It’s time that we hunker down, save more and learn to produce more. . . .























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