Wednesday, June 01, 2011

The Great GREAT Obama Depression

It's Bush's fault right?

Wall Street Baffled by Slowing Economy, Low Yields....."We’re on the verge of a great, great depression. The Federal Reserve knows it."
No it is NOT Bush's fault. Though he did not help.

Obama is ruining the economy....January 2009:"....the worst January performance in 113 years."

Obama’s Happy Depression..."Obama clearly favors more spending — in all of his talk about bringing down the deficit, he has never embraced wide-ranging cuts in federal expenditures. Rather, he attempts to blame President Bush for spending that created deficits, despite the fact that in Obama’s first two years, he will have raised the national debt more than President Bush did in all eight years of his presidency."

Obama's Depression-Era Politics..."His stimulus package was supposed to produce shovel-ready jobs that would repair our infrastructure much like the various public-works programs instituted by Hoover and Roosevelt. But instead of spending the money on building roads and bridges, states have hoarded much of the stimulus cash to keep their own workforces fat and happy."

Limousines for leftards, prolific world travel, lavish White House parties...Let Them Eat Cake INDEED.

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