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Politics : President Barack Obama

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To: Neil H who wrote (107173)1/9/2012 7:56:39 PM
From: Cautious_Optimist  Read Replies (1) of 149317
 
The difference between the video and reality is significant.

The country has a balance sheet with assets.

The debt must be compared with the alternative of not financing programs; there is an ROI aspect, pay me now or pay me later X100. For example, infrastructure investment. Lack of debt right now, to stimulate, would weaken our nation.

One more thing, the Obama haters never seem to talk about the Bush-Cheney off-budget unfunded invasion of Iraq, including billions that "disappeared," that Obama gets the accounting for. They also don't like to bring up the Medicare prescription drug welfare to pharma, also not budgeted by Bush-Cheney. Did I mention the unfunded "no child left behind" state and local mandates??

have you been following Matt Taibe's exposing of how enterprises like Goldman Sachs rips off the public treasury and gets richer and richer while we America gets poorer??

Obama has not given an indication of any such corrupt, inept rackets that preceded. He has been magnitudes more transparent, held to a much much higher standard than the previous opaque team. Like him or "hate" him, that is the way it is.
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