Yoo Hoo Teabag Dippers--Presidential candidate Barack Hussein Obama criticized President George W. Bush in 2008 for adding $4 trillion to the national debt. It was “unpatriotic” and “irresponsible” to saddle future generations with such a large national debt Obama said.
“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents -- number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back --$30,000 for every man, woman and child. That's irresponsible. It's unpatriotic.”
--Barack Hussein Obama, July 3, 2008
Barack Hussein Obama has since added 5 TRILLION dollars to the national debt in only four years.
Talk about irresponsible and unpatriotic.
Obama's clueless fiscal incompetence does the near-impossible by making Bush look like a genius.
You can't have your cake and it eat too.
1) Short to medium term government spending is the only tool that sane economists have to pull the country out of a depression.
2) The US Debt is not out of control or in crisis. There is a strong demand for US debt in fact, the inflation-adjusted yield on 20-year bonds has been negative. Investors, in other words, are so pessimistic about growth prospects and so frightened of losing their principal that they’re willing to pay the American government a small fee for the privilege of safeguarding their money.
Paying back borrowings at negative rates is not going to cripple our economy or burden our future.
The debt isn't a crisis that should cause us to run around dressed as colonials with teabags hanging from our hats.
You need to demand that your "do-nothing" House of Representatives gets to work on a short-medium term plan to eliminate unemployment, build infrastructure, and enhance research and education. These investments benefit every American more so than the defense welfare we give Halliburton, KBR, Lockheed Martin, and the other wasteful defense providers.
You also need to demand that these "do nothings" in the House income raise taxes on the KOCHS, WALTONs, ADELSONS, and even the ROMNEYS. Its immoral that Romney pays 14% and I pay closer to 28%. Think about it if you rely in income rather than interest for your support. They need to pay their fair share just like middle class taxpayers.
Reform and strengthen social security and medicare by raising additional funding by taxing all income. Its a program that we all benefit from and its important for middle class stability.
Remember YOUR TEABAGGIN "do nothing" HOUSE has voted on 67 bills during 2011 that impact women's HOOHAHs but not one bill that helps the country restore its strong middle class.
Government involves compromise but your silly, colonial clothing wearing idiots seem to think its a MMA cage match where everyone ends up bloodied and ill.
You've surrendered your thoughts and intellect to your overlords--Kochs, Adelsons, Singers, and Waltons. THey funded your tea bag wearing movement and they've got you leash trained like a family dog.
Remember, the only thing that trickles down is water and you won't wake up a billionaire no matter how much you identify with them.
Pousser les sachets de thé jusqu'à votre âne et un certain sens dans votre tête!
Peace and Blessings--