Thursday, April 8, 2010

obama performing statist-assisted suicide on the american economy

"It's this simple, folks. We gotta face this head on and straight up. If the policies of this regime are not reversed, we can all expect inflation to kick in at some point. That is an economic given. When that happens, more jobs will be lost. I wouldn't be surprised if we have a second housing bubble when interest rates inevitably increase, as they are starting to do now. More bankruptcies, once the Obama tax increases and the health care plan kick in. The recession will continue. The government will continue to grow. The private sector will continue to shrink. And, of course, the government-run media will continue to act like a bunch of stupid clowns who claim that all this is unexpected, while they applaud it. "

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