Friday, November 20, 2009

Obama: People Could Lose Confidence and Lead to a Double-dip Recession


 While President Obama was in China he made these points:

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 In an interview with Fox News:
"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. "

"I think it is important, though, to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession."

"people could lose confidence"?

People have lost confidence in YOU and your administration, and your White House has not helped.

Now you are worried about confidence.  Your initiatives are all expensive.  You said Health Care reform must be deficit neutral. Is it?  Another Obama  mess.
And there is  the Obama administration’s phony stimulus claims.  The Washington Examiner has  set up an interactive map that documents instances of government exaggeration-- or lies --over how many jobs were “created or saved” by the $787 billion stimulus package.

 There is no excuse for this nonsense.  Obama is surrounded by economists and experts.  VP Biden has his own economist.  Just can't get the numbers right. They are only good at excuses.

Your campaign promises are off base too.  Too much smoke and mirrors. Distortions. 

I posted a while back and told you then that you are not in Chicago.  You are in DC, and many are watching, watching you all the time.  Non stop watching. You may be the President, but there are people out there that are going to make you "pay" politically for every mistake you make. And you make them everyday.


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