Laughable: Obama Warns About Too Much Debt

This is too funny: President Obama during an interview on Fox News Channel declared that increasing deficits cause  a  double dip recession. Obama warning come after Chinese leaders lectured the president spending campaigns.

Obama is juggling boosting the economy while spurning job growth.

President Obama is considering  a jobs bill which may include  tax credits.

“It is important though to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession,” he said.

Now he’s worried about the deficit. Unbelievable!

Reuters

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s