Saturday, May 16, 2009

Obama Claims Long-Term Debt Is Unsustainable

Before the Tea Parties



"Let me just remind them that I am happy to have a serious conversation about how we are going to cut our health care costs down over the long term, how we are going to stabilize Social Security."


Okay, lets fast-forward a few weeks after the Tea Parties! According to Bloomberg.com -

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

Okay, now lets rewind to what he voted for as a senator, and what he is now proposing as an acting President.



It seems unresolvable, but that may not be entirely true. We should consider inviting Obama to the next Tea Party after Obama signs into law his next economic fiasco.

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