February 19, 2012

Roadmap To Greece

“Roadmap to Greece”, love it! :-)

From The Hill:

Republicans bashed President Obama on Saturday for his “broken” fiscal policies, including his recent budget proposal, which they said would pit America on “a roadmap to Greece.”

In the GOP’s weekly address Rep. Cathy McMorris Rodgers (R-Wash.) pointed to high unemployment numbers, a staggeringly high deficit, and high gas prices as evidence that Obama’s economic strategy has failed and was leading the U.S. towards financial ruin.

“If we keep on going like this, the consequences will be devastating,” said McMorris Rogers. “As we’ve learned from Greece and the European Union, no country can escape the costs of big government policies forever. The president’s budget isn’t a blueprint for America – it’s a roadmap to Greece.”

“It didn’t have to be this way,” she continued. “The president and his party have been given numerous opportunities to rein in spending and help create a better environment for job creation, and they’ve punted almost every time.”

Oh, yes, Greece.

What are Obama and the rest of the Democrats thinking?

Much of Obama’s failure to turn the U.S.’s financial state around, McMorris Rogers said, was due to the Democratic philosophy that a strong economy needs to be bolstered by a robust government.

“You see, the president and his party have it all wrong,” she said. “They believe they can grow the economy and create jobs by increasing government spending and raising taxes, including taxes on small businesses.

“But the American people know that the way to grow the economy and create jobs is by cutting government spending and keeping taxes low for all taxpayers.”

Yes, but… but… the American people have no say in any of this, since as we also know, our president is one of those left wingers whose political philosophies would have been better practiced in a different country.

by @ 12:17 pm. Filed under The Economy, The President
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