Wednesday, June 10, 2009

Obama to Congress: Don't spend what you don't have, but it's OK to borrow to pay for health care

Yesterday, President Barack Obama said the U.S. Congress should operate on a "pay-as-you-go" budget, but as always things aren't always as they seem in the world of Obama.

He said we shouldn't spend money that we do not have. The U.S. Treasury is practically broke. Yet, it had the "money" for the stimulus and Omnibus bills. Albeit it was the future money of America.

Obama says this excessive spending must end. Then he said Congress could borrow money to pay for socialized health care. Is Obama a little hypocritical?

In other news, the stimulus package is not working. Obama and Biden say that the bill has created or saved thousands of jobs.

Where is the proof? Obama and Biden can say anything. Where are the numbers? The last thing I heard is that millions are losing their jobs every month and the unemployment rate is approaching ten percent. But, Obama says he is creating or saving jobs. That is funny.

IN THE NEWS:
Associated Press: Obama: It's OK to borrow to pay for health care
Reuters: Obama seeks fiscal responsibility mantle
The Wall Street Journal: The Media Fall for Phony 'Jobs' Claims

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