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September 25, 2012

Obama's 4-Point Plan

Based on the sound bytes coming from his campaign, Barack Obama has a 4-point economic plan that he hopes to implement upon re-election.

  1. 2013 -- $1 trillion-plus in deficit spending
  2. 2014 -- $1 trillion-plus in deficit spending
  3. 2015 -- $1 trillion-plus in deficit spending
  4. 2016 -- $1 trillion-plus in deficit spending

I've heard nothing to suggest any other course of action, campaign ads notwithstanding.  You know which one.  The one where he says we need to ask "the wealthy to pay a little more so we can pay down our debt in a balanced way."

"Pay down the debt in a balanced way?"  Who is he kidding?  Clever sound byte, but there's no plan to pay down anything.  Just plans to spend. 

Posted by Tom Bowler at 06:13 AM | Permalink

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Comments

Our populist president would probably feel more at home in Argentina or Venezuela. His main job could be playing a fiddle while the economy collapses.

Posted by: jorod | Sep 26, 2012 12:20:24 AM