Obama’s Recession Starts with Blame Game

January 31, 2013 08:35


Allen West calls Obama policy of more spending and more taxes ‘insane.’ The U.S. has just had the worst five years of economic growth since the Great Depression. Obama’s $5 TRILLION slush fund called ‘stimulus’ spending was supposed to rebound the economy. Instead we have fewer people with jobs, more people on food stamps and have enslaved our children and grandchildren to unprecedented debt.

 

“Rather than fight the same tired battles that have dominated Washington for decades, its time to try something new. Let’s invest in our people without leaving them a mountain of debt.” – President Barack Obama on his Office of Management and Budget website.

What a joke on the stupid Americans who reelected the greatest conman the world has ever known.

Obama and his Democrat socialists have already bankrupted America.

The Congressional Budget Office estimates that by the time Obama leaves in 2017 the debt will be about $18.4 trillion. Population will rise about 9 million over the same period. The debt per person will be about $57,000 at the end of an Obama second term, a 67% increase in just eight years.

Obama railed against increasing the debt before he had the checkbook to buy votes with taxpayer money. He called debt ‘unpatriotic’ and ‘irresponsible’ when the debt was only 2/3 what is has grown to under Obama’s reckless spending.

In 2004 Obama said the “monstrous” deficits were “an enormous problem” when the deficit was $413 billion. In 2008 he said increasing the debt would burden our children and was unpatriotic. Every year of his term deficits have been over a TRILLION dollars. By the end of his first term he will have increased the debt more than all other presidents combined. Can we afford four more years of two faced, self serving fiscal insanity?

 

Also please consider:

Has Obama Already Bankrupted America?

Debt quotes

Obama’s Achievement – Gov’t Has Become Gigantic Wealth-Transfer Machine

Politicians as Economic Arsonists

CBO: spending binge endangers our children’s future

Mark Levin: Obama is a Marxist

Obama railed against deficits until he became radical record breaking big spender

King of debt

15 Trillion Dollars In Debt, 45 Million Americans On Food Stamps And Zero Solutions On The Horizon

Obama warns Americans not to panic while he ruins the economy

 



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