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Obama sets us up for double-dip recession – his words

So President Obama and the congress-critters in Washington D.C. get together and triple the United States deficit in one year. Triple. I say again, TRIPLE. Then, during an interview he says we best be careful not to increase the deficit too much or we risk a double-dip recession?

Dude, what the heck do you think you’re doing when to balloon the deficit from an average of under $300 billion a year for the last decade and increase spending three-fold in the course of 12 months.

Delusional. Here’s a clip from Major Garret’s Fox News interview, with a hat tip to Gateway Pundit for the pointer.

httpvd://www.youtube.com/watch?v=l_Bv5OzeI6c

And of course, here’s the graph to remind everyone what’s going on. Note the long red line.

federal-deficit-projections

Filed in: Economics Tags: , ,

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3 Responses to "Obama sets us up for double-dip recession – his words"

  1. Dimsdale says:

    What better way to stimulate the economy than to impose punitive taxes on people to fund pet projects of the Democrats?
     
    Imagine of this liberal economic genius had control of the country for say, the last decade or two, we would be as productive as France…

  2. ksedergren says:

    Aside from this being a very bad idea legally…what about the expenses of this circus? Protection for the lawyers, mob control..And who flips this bill? Is there no stopping the spending?

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