Wednesday, February 25, 2009

Digging deeper

At AmSpecBlog, I attempt to put into words my vast exasperation with the transparent bogusness of Obamanomics:
This goes back to September, when John McCain declared, "The fundamentals of our economy are strong." Michelle Malkin finally got fed up with what she called the "Pollyanna conservatives" and burst out: "The fundamentals of the market suck." And the sucking has only grown louder since then. . . .
We are headed for '70s-style "stagflation." Never mind what the Dow Jones does today; it will be below 6,000 by Christmas. Obama doesn't know what he's doing, and what he's doing is standing at the bottom of a hole demanding we dig faster.
Our financial problem is caused by excessive debt, and you cannot borrow your way out of debt. Somebody owes Ron Paul an apology, because he's been right about this problem all along.

1 comment:

  1. Ron Paul has been right about a lot of things. And like Peter Schiff, another man that has been right all along too, he was mocked, laughed at, and called a kook.