Emmanuel: Full Steam Ahead on Tax and Spend
Rahm Emmanuel says its full steam ahead on the Obama express. Facing an estimated trillion dollar deficit, they’re rolling out a full complement of social and economic reforms while also restoring fiscal discipline. This is really bad news for a country and global economy heading into a recession. FDR couldn’t spend his way out of a recession and neither with Mr. Obama.
Archived in: Economy, Liberals, President-elect Barack ObamaNovember 9, 2008 at 6:58 pm | Trackback
1 comment
He can most certainly spend his way out of a recession. He can spend us into a depression.