Tuesday, January 12, 2010

David Limbaugh - Obama Must Know His Spending Yields Bankruptcy, Not Growth

David Limbaugh: "Could we all agree that we are doomed as a nation if President Barack Obama continues his deficit spending at unprecedented levels? Can you think of any reason, then, to justify this spending? Oh, our president says it's to jump-start the economy? Sorry, that dog won't hunt. So what's his real motive?

Obama has been saying from the beginning that his stimulus plan was for the purpose of spurring economic growth -- though when we did have economic growth during the George W. Bush administration, the likes of which Democrats can only fantasize about during Obama's term, they trashed it as a 'jobless recovery.'

On Jan. 16, 2009 -- about a year ago -- Obama said: 'The first job of my administration is to put people back to work and get our economy moving again. That's why I've moved quickly to work with my economic team and leaders of both parties on an 'American Recovery and Reinvestment Plan' that will immediately jump-start job creation and long-term growth.' Obama made similar statements repeatedly."

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