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Default 7 things about the economy

On Sun, 24 Jan 2010 11:34:27 -0700, Canuck57
wrote:

On 23/01/2010 4:35 PM, nom=de=plume wrote:
wrote in message



Huffington Post, who? OHHHHH, you mean the people who for some reason
think it is scandalous that Scot Brown's girls wear bikinis.



Obviously, you didn't read the article. If you had, you would have read
about how Obama isn't doing the right thing in a few areas. Time to take
your aluminum cap off and wake up.


Is that an understatement.

You can't spend your way out of debt, even if you are a liberal-democrat
debt monger.


and the GOP tried to prove that you could

they cut taxes on the rich while they didn't reduce spending. george
bush was the biggest spender in US history



For $2 trillion down the rabbit hole of bailouts, corruption and debt
mongering, if obamanomics was worth a cold crap, you would see middle
class results by now.


meaningless characterization. the plan was developed by bernanke, head
of the fed, while he was head of the fed under bush

contrary to the moron's continuing assertions, the depression began in
2007, not on january 2009.

and the 'free market' view of economics has collapsed. only the right
whine believes it as a matter of faith.


But all Americans have now is more debt. More debt means less wealth.


and if we'd had 25% unemployment like we did in the last depression?

Sad so many are going to get a harsh lesson in economics 101. The basic
rule of becoming wealthy is simple for governemtns and people alike.
Spend less than you have for income, ALWAYS. Or become a slave to debt.


tell it to the socialist for the rich bush
 
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