Rush Limbaugh's Morning Update: One Sentence
Rush Limbaugh: State-controlled AP reports the debate between Obama and Republicans is "sharpening," with the President accusing Republicans of trying to scare voters by harping on the size of his massive deficits. AP says that for now, public opinion is mixed – "but if it eventually moves one way or the other, the Party on the short end might suffer in next year's midterm elections."
In his speech at Brookings last week, Obama defended the Porkulus bill – insisting it is too soon to stop government spending meant to create jobs. We all know it hasn't produced jobs...it's a political slush fund. But this quote from Obama says it all: "We have had to spend our way out of this recession," he declared.
Folks. This explains why so many of you are out of work, losing your homes, and why the private sector is still in the tank – while the government sector is booming. It is impossible for this, or any, government to "spend their way" out of a recession. In order to produce a sustained recovery, we have to grow our way out of a recession. The private sector must grow in order to produce jobs, and stimulate commerce.
These massive deficits – accompanied by massive spending and massive tax hikes – are choking off economic growth and killing any chance of our economy rebounding in a healthy, sustainable way. That one sentence explains why Obama and Democrats are failing America, miserably.
Read the Background Material on the Morning Update...
• AP: Obama, GOP Sharpen Debate Over Deficits, Stimulus
In his speech at Brookings last week, Obama defended the Porkulus bill – insisting it is too soon to stop government spending meant to create jobs. We all know it hasn't produced jobs...it's a political slush fund. But this quote from Obama says it all: "We have had to spend our way out of this recession," he declared.
Folks. This explains why so many of you are out of work, losing your homes, and why the private sector is still in the tank – while the government sector is booming. It is impossible for this, or any, government to "spend their way" out of a recession. In order to produce a sustained recovery, we have to grow our way out of a recession. The private sector must grow in order to produce jobs, and stimulate commerce.
These massive deficits – accompanied by massive spending and massive tax hikes – are choking off economic growth and killing any chance of our economy rebounding in a healthy, sustainable way. That one sentence explains why Obama and Democrats are failing America, miserably.
Read the Background Material on the Morning Update...
• AP: Obama, GOP Sharpen Debate Over Deficits, Stimulus
0 Comments:
Post a Comment
<< Home