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Author Topic: Obama in la la land  (Read 227 times)

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Offline Questor

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Obama in la la land
« on: November 18, 2009, 03:29:10 AM »
It seems he doesn't understand that he has been fueling the deficits:

BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
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Offline Arier Blut

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Re: Obama in la la land
« Reply #1 on: November 18, 2009, 03:48:28 AM »
To be touted as such an intellectual person, he sure has a way with words. If we look back the stimulus was rushed in to prevent the jobless rate getting to 9%. Obongo added 8 points to that in under a year.
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Offline magooch

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Re: Obama in la la land
« Reply #2 on: November 18, 2009, 03:57:24 AM »
I think Obama has it exactly right; he for sure is a "double-dip" and it's his recession.
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Offline Questor

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Re: Obama in la la land
« Reply #3 on: November 18, 2009, 05:31:55 AM »
I think he fully expects a double dip recession and is trying to deny responsibility for it. I also believe he thinks that talk is action.
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