“This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse,” Obama wrote in the newspaper piece titled, “The Action Americans Need.”
He rejected the argument that more tax cuts are needed in the plan and that piecemeal measures would be sufficient, arguing that Americans made their intentions clear in the election.
“I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change,” he wrote.
Well, if I remember right, we were voting on who was going to be president, no matter what campaign slogan anyone adopted. Nobody voted to hang our children and grandchildren with billions and trillions of dollars of debt, by a President and Congress that have no patience to think things out. All they can think to do is raise taxes and throw money around willy-nilly. He’s even stupider than I first thought if he thinks people are going to sit still for this kind of immature approach to a financial crisis.