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Obama failing badly
March 4, 2009 - Lee Smith
Call it the old bait-and-switch.
With Barack Obama, we thought we were getting a president with the liberal credentials to take on liberal spending. He was billed as thoughtful, articulate and able to work across party lines. He supposedly was prepared to tackle the fiscal train wrecks of Social Security and Medicare. He promised there would be no earmarks in spending bills.
Well, forget it. There's a new message now: Spend, spend, spend. And a new defense for it: It's an "investment" in health care, energy and education. The skyrocketing federal debt means even less to Obama than it did to the worthless Republicans who spent like drunken sailors from 1994-2006.
Someone should teach liberals the definition of the word "investment." It means to put your money into something in order to realize a profit. It has nothing to do with throwing trillions of (other people's) dollars into government programs that will cost taxpayers and harm our economy for decades to come.
Wall Street is terrified of Obama, and tanking. The President has tried to distract attention from himself by focusing on conservative commentator Rush Limbaugh, who said he wants the president's policies to fail. Rush doesn't have to worry. Americans didn't vote for the free-spending Obama. They won't support him.
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