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Sunday, February 01, 2009

What Obama Isn't Telling You

Even as he was pushing a trillion-dollar spending package that is supposed to 'stimulate' the economy, Barack Obama stated in his radio address that it will take years, not months, for the nation's economy to stabilize.

At least he admitted what economists have been saying all along--the nation will pull out of the recession in 2010 or so, whether the government does anything or not.

Thus, the question becomes, why do we need to go another trillion dollars in debt for something that isn't going to help matters at all in the short term?

There is a very good reason. Obama and the Democrats are using this 'crisis' to justify a spending package for their favorite pet projects, including multi-billions to the fraudulent group ACORN, which will then be set financially to get Obama re-elected in 2012.

This is what Obama isn't telling you about the stimulus package.

Further, since the nation is already over a trillion dollars in debt, adding another trillion to the debt will only make matters twice as bad.

And that isn't even the half of it. Most economists agree that the estimated 1.1 trillion dollars for the stimulus package will only be followed by more requests for tax dollars from Washington. The banking industry has already claimed it needs yet another bailout.

By the time this is all finished, with the Democrats' notion that government spending is all it takes to get the nation moving again, we could well end up in excess of 3 trillion dollars in debt.

This is not a cure for our economic woes but a witch-doctor's prescription for disaster.

And to add insult to injury, the Democrats have made sure that within the package the House passed is a provision that would give $1000 a piece to illegal aliens.

Gotta make sure those new voters for Democrats are happy, you see.

Read more on this travesty here.

2 comments:

10ksnooker said...

Tax cuts work near instant, Porkulus will take years and years and never do anything. The problem is one of business confidence, who is actuallyy going to hire poeple with this clown in charge.

Obama is just jive talking you, and hoping the ignorants don't notice.

All Bush's fault, right?

Welshman said...

Not only do business leaders have no confidence in the clown in charge, but military personnel overwhelmingly oppose him as well. Not a good sign for the future of the country...