Wednesday, November 18, 2009
You Want To Reduce The Deficit Now?
Mr. President, Where Were You When You SPENT All that Money?
Reuters - Obama: Too much debt could fuel double-dip recession
President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
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
Posted by Steve on 11/18 at 01:23 PM
Blogging • American Politics • Looters • Political Elite • Obama Nation • Suicidal Democrats • The Economy • Permalink
Blogging • American Politics • Looters • Political Elite • Obama Nation • Suicidal Democrats • The Economy • Permalink
