Today Barack Obama told his audience that we must move from an era of borrow and spend to one where we save and invest.FOX News reported on Barack's outrageous sermon today:
"We cannot rebuild this economy on the same pile of sand," he said, invoking a Biblical reference to Jesus' Sermon on the Mount. "We must build our house upon a rock. We must lay a new foundation for growth and prosperity a foundation that will move us from an era of borrow and spend to one where we save and invest, where we consume less at home and send more exports abroad."
Oh my gosh! This guy is unbelievable! HERE ARE THE FACTS ON THE SPENDING:
Barack Obama already signed the largest spending bill in the history of the planet.**
Obama's budget more than doubles the national debt held by the public, and adds more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined.**
Barack Obama managed to spend more than the wars in Iraq and Afghanistan combined.**
Obama and democrats have already saddled America's children and grand children with massive debt. Not that this bothers them.**
Barack Obama is on track to spend more money than any person in the history of Earth.**
The US debt is so large that America couldn't qualify to join the EU if it wanted to.** President Obama expects the deficit level to be 12% of GDP this year larger than Great Britain's record 10% deficit to GDP.
( Facts credit to: http://www.gatewaypundit.blogspot.com/)
As for DuhBama's 'sermon', I'd be ducking if I were him. I hear thunder.
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