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Obama's Recovery Bummer

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Uploaded by on Jun 29, 2011

Sen. Jim DeMint (R-S.C.) breaks down President Obama's "recovery bummer," as explained in a new Joint Economic Committee report (http://1.usa.gov/m50784).

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  • Obama is so correct--he has a one term proposition. He has spent more than all the rest of America's presidents put together. People forget that the more government spends on programs and giveaways, the more freedom it takes away from the people and the more regulation you have to live with. Do you want a nanny state to rival the old Soviet Union or do you want the freedom to start your own business, make and spend your own money, own your own gun, and control your own life?

  • @Richdelux Have to cut spending across the board. Republicrats and Demublicans won't give, they'll keep kicking the can down the road. Military aggression needs to be stopped and Social spending has to be cut and hopefully phased out. The damage was done by the bailouts, quantitative easing (read inflation), TARP, expansion of war and government. If you want a current example: Obama's insisting on Libya without congress' approval. Costs us hundreds of millions, potentially billions so far.

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All Comments (23)

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  • When are people going to learn - BarackO is full of bulls**t !!!

  • @RonPaulFriends this guy is is a psychopath. and a religious extremist.

    he said this and i quote

    "the bigger are government is the smaller god is" total nut job

  • Why do the dependent elderly and the poor people get the blame for the debt and no one seems to think the trillion dollar wars, banker bailouts and foreign aid have anything to do with it? I agree that there needs to be massive cuts, but I think the focus should be on cutting military waste, corporate and foreign welfare instead of trying to blame grandma and some homeless guy. I know the entitlements system needs to be reformed, but I'll never support that effort until I see the other cuts 1st.

  • @Richdelux

    First, no one disputes the fact that every president for the last 100 years has borrowed money and helped put us in debt--including Reagan, although it's worth remembering that Reagan had a Demoncratic Congress that inhibited a lot of what he might have done. Second, while the recession started under Bush, Obama had control of the entire Congress for two years and put us further into debt and took over more of our lives than all the rest of the presidents put together.

  • I call this five dimensional chess, and I am tired of it. Put your graphs up, put your policy up, but I am going to tell you what it is on each level, and we are going to make the chess board easier to comprehend.

  • OBo gotta go in 2012...

  • Well no shit Jim. We had mortgage meltdown, we had a drastic automotive bailout, we had a huge bank bail out. This is all unprecedented and has no bearing on previous recessions. If you knuckleheads have a solution that will work over night then spread the wealth otherwise it is just politics as usual.

  • The debt limit is the cap. It isn't being adhered to. Why would an amendment be any different? I like DeMint, he's wrong on this and foreign military issues. Less Empire, more liberty!

  • "A year from now, I think people are gonna see ... there's still gonna be some pain out there." -- whether through prescience or nefariousness, the only thing Barry's ever said that turned out to be true.

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