Rush Pearl of Wisdom – 07 Jan 2009
“We are witnessing the growing of a massive government spending bubble. Now, we had the housing bubble just a few short months ago, and what caused that bubble to burst? Wasn’t it debt — massive debt that cannot ever be repaid? Such debt is a recipe for disaster, and yet we’re replicating it with Obama’s stimulus!”
“A true stimulus would shrink deficits. What Obama really wants to do is stimulate government — the same government that demanded a plan from the automakers before giving them the money, but wants us to give Congress trillions before they have a plan. Government did the wrong thing, and we have to pay for it!”
Filed under: Econonomics, Politics | Tagged: debt, disaster, housing bubble, Obama, spending bubble, stimulus
