Tuesday, March 30, 2010

Our Impetuous Lad

We are living the high life- spending Federal dollars like there is no tomorrow. But, eventually, and probably sooner than later, the bill will come due. President Barack Hussein Obama is perfectly content to keep on spending. Obama betrays a lack of understanding of basic economics that seems almost unfathomable. Does Obama simply believe that the US Treasury can simply print more money to pay for all this and that this will not utterly devalue US currency? Most eighth graders would comprehend this. Past Republican Presidents have been accused by liberals of practising voodoo economics. Our current leader is taking us down the path of Zimbabwe economics, and it is not sustainable and not good.

No comments: