Skip to main content.
February 13th, 2009

Disgrace: Obama and Democrats spend hundreds of Billions

The big government spending bill of near $800 billion over 2 years will mean trillions of dollars over many years. It will mean debt, interest payments, and government spending and wasting everyone’s money. The spending bill is suppose to stimulate the economy but the money has to be borrowed and therefore taken out of the economy for the government to spend it. Long term it’s a disaster as the deficit grows threatening to bankrupt the county. High inflation and a stagnant economy will likely be the outcome. Young American’s will be stuck with the debt. It’s a disgrace to our great country, the US of America.

Posted by admin as Economics, General, politics at 7:11 PM UTC

Comments Off on Disgrace: Obama and Democrats spend hundreds of Billions