The Conservative Cave
Current Events => Politics => Topic started by: djones520 on April 30, 2009, 10:18:59 AM
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WASHINGTON -- President Obama turned the page on 100 days in office with an iffy boast about job creation and claims of fiscal prudence that are hard to square with his spending.
Obama spoke with abundant confidence about his chances for achieving the big-ticket items on his agenda despite economic calamity:
-- His assertion that his proposed budget "will cut the deficit in half by the end of my first term" is an eyeball-roller for many economists, given the uncharted terrain of trillion-dollar deficits the government is negotiating.
-- He promised vast savings from increased spending on preventive health care in the face of doubts that such an effort, however laudable it might be for public welfare, can pay for itself, let alone yield huge savings.
-- He pitched a remedy for Social Security's long-term crisis that analysts say won't fix half the problem.
http://www.foxnews.com/politics/2009/04/30/fact-check-obamas-job-creation-deficit-claims-questionable/
Wonder if any of the other networks will be picking up on this.
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I still shake my head in disbelief that anyone would willingly give this economic illiterate control of the largest economy on earth with absolutely ZERO experience with which to recommend him.
That high pitched whining sound and vibration you are feeling is Milton Friedman rotating in his grave at supersonic speed.