Monday, August 16, 2010

Death, Taxes and the Failure of Obamanomics

Heritage "Laura Tyson, a member of the President’s Economic Recovery Advisory Board, called for even more of the same tried-and-failed Obamanomics stimulus policies, when asked how to get the economy moving faster:
We have to continue to do everything we can to stimulate demand in the economy… Invest in people. Invest in infrastructure. Invest in knowledge,” she said. “Invest, invest, invest is really what we must do.
“Invest, invest, invest” is Obamaspeak for “spend, spend, spend,” which the White House and the Pelosi-Reid Congress have done plenty of already, to no great effect.

When people from the government say they must "invest" more, hang on to your wallet.

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