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Originally Posted by 12clicks
That's a wonderful but inaccurate liberal song.
First, TARP For banking was a Bush plan. So forget giving obama credit for it. What obama DOES get credit for is bailing out GM. With money we will NEVER get back. http://www.consumerismcommentary.com...loans-in-full/
Next, the Bush tax cuts WILL expire December 31st. More than wiping out any imaginary tax cuts obama is claiming. How much is a 5% tax hike on a family earning $50k a year? All praise obama! http://finance.yahoo.com/taxes/artic...dvice_strategy
Also, the obama lies that obamacare will "lower insurance rates" and "if you like your insurance plan you can keep it" are already exposed for what they are.
Lastly, he's run up 5 trillion dollars of new debt and he's nowhere near done. Do you have any idea how crippling that debt will be on an economy that will go nowhere in the next 5 years?
Trust me, the liberal media has done a wonderful job covering for their golden boy |
But we did get some money back, unlike the other auto bailouts we've done when we got nothing for our money - now we YOU own part of gm. So either way the bailout would have happened, under any president - yet you're mad at that guy that did it the better way.
The tax cuts should expire, they are pointless and not working. At that, the "previous" tax rate that it's returning to includes our largest economic growth in history. Unlike anything that has happened with the current tax cuts.
Obama hasn't run up 5 trillion in debt, he hasn't spent 5 trillion on anything... you'll never be able to show where or how he spent 5 trillion because he hasn't.
So what media channel is that spews Obama spent 5 trillion dollars? You may want to start listening to the liberal media (whoever that is). If you take in much more from the other side your head might explode.