Obama Plus Congress Equals Economic Chaos – HUMAN EVENTS

Posted by highlysuspect on Mar 7, 2009 in politics |

Ronald Reagan was right when he said: “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

The next stage of out-of-control government spending started when George W. Bush bailed out Wall Street with $700 billion (new debt No. 1). But Congress didn’t learn from that failure, and apparently, neither did Barack Obama. So the newly elected president pushed for the next stimulus bill (debt No. 2), this one for $787 billion.

Obama Plus Congress Equals Economic Chaos – HUMAN EVENTS.

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