1/22/2011

With the third year of his administration looking at another deficit around $1.5 trillion, Obama to push more spending?

Obama certainly doesn't understand that it is private sector, not the government, that should be making things. Obama is just pushing the deficit problems farther down the road.

President Obama, in his State of the Union address Tuesday, will call for new government spending on infrastructure, education and research to help boost job creation and remain competitive with other powerful nations, Fox News has confirmed.
Obama is also expected to call for some budget cuts although nothing close to the amount Republicans are demanding.
White House aides told Fox News the best preview of Obama's remarks can be found in a Dec. 6 speech he made in North Carolina where he said this is the nation's Sputnik moment. He called for more spending on American innovation and American products with the same enthusiasm that the country had right after the Russians beat the U.S. into space.
"We need to do what America has always been known for: building, innovating, educating, making things," he said in last month's speech. "We don't want to be a nation that simply buys and consumers products from other countries. We want to create and sell products all over the world that are stamped with three simple words: 'Made In America.' That's our goal." . . .

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1 Comments:

Blogger Chas said...

Markie Marxist sez: “Of course he’s going to push more spending! He’s a good communist! Destroying capitalist America by spending it into bankruptcy is just common communist sense! The American people support him in his effort to destroy their country; if they didn’t, they never would have given him the national credit card and told him to have at it! My commie compadres in Commiefornia may have already accomplished the same thing for their state. Obama is working on it on the national level for America, but it takes time to sell a big country like America to my commie compadres in Red China. Ha! Ha! All your America is belong to us! And you “capitalists” sold it to us! Ha! Ha! Thanks for the country! Ha! Ha!”

1/23/2011 5:21 AM  

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