WP
In a Fox interview Obama said spending too much money to help revive the economy could undermine a fragile U.S. recovery and throw the economy into a double-dip recession.
Obama is foreshadowing the fact that he he wants to spend money to 'boost' the economy, but at the same time cover his butt in the event of creating too much red ink.
He spoke of tax incentives yet they are quickly lost in light of the ending of the Bush tax cuts, mandatory health care, inflation...
Obama feels the nation will relate tax cuts as adding onto the deficit and as such is against them. He prefers increased spending although admitting it could lead to a double dip recession.
Comments
Obama is telling us to not get in debt? Isn't this the same guy that enticed millions of Americans into getting a car loans with the Cash4Clunkers program? I can't wait to see the wave of repossessions hit (see repofinder.com) that sinks us into another recession.
Why do you think Obama is guaranteeing death for KSM?
Obama....He's come late for the show. After aiding and abetting the Congress with creating a deficit higher than all prevoius deficits combined, he's now concerned about debt?
Did the Chicoms spank him during talks last week?
Obama, just another Dennis Kucinich.
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