Monday, August 8, 2011

Obama speaks about debt rating


Okay, just finished watching the President's speech. Where he gave us his thoughts as to what caused the downgrade and what he's going to do about it.

Who's at fault?:

S&P - Check 

'Prolonged' debt debate (read: Tea Party - Check).

Tsunami in Japan- Check.

Meltdown in Europe - Check.

His leadership - Che.. um, say what?



And how do we get out of this mess? Why the Keynesian model of course:

Balanced (take a drink) approach - Check

Spend more on infrastructure - Check

Make the 'wealthiest' among us pay their 'fair share' (read: class warfare - Check)

Yep nothing to see here folks, move along, move along..

1 comment:

  1. We all know its ALL George Bush's fault

    ReplyDelete

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