Sunday, June 26, 2011

We Certainly Can't SPEND Our Way to Prosperity, Barry

ht to Jim Hoft at Human Events, where the excerpt below comes from (red emphasis mine):

Obama told Americans today in his Weekly Address that he must spur the economy with more spending.

The Hill reported:

Spurring the economy will take investments, as well as spending cuts, President Obama said Saturday his weekly address.
"We can’t simply cut our way to prosperity," Obama said. "We need to do what’s necessary to grow our economy; create good, middle-class jobs; and make it possible for all Americans to pursue their dreams."
The president recorded his address from Carnegie Mellon University in Pittsburgh where he toured a high-tech factory and touted his newly announced Advanced Manufacturing Partnership, a $500 investment initiative.

The text in red: tell me, exactly how we do that, Mr. President? According to Mr Obama, we do that by taxing one group of Americans and handing that money to a preferred group of Americans. Cutting our way to prosperity will not work. Spending will. Its idiotic.

I've taken the liberty of turning Hoft's Graphic into a yard sign. We'll see if we can get one printed off for your front lawn in the coming weeks.