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To: Dilbert San Diego
Obama as usual, is mis-reading the American people. Americans are in serious de-leverage mode, they have been sacrificing for the last 4 years.

The polls show that Americans want the fed govt to DE-LEVER now just as they are doing. It is not Americans who need to eat their peas (I prefer to call it the crap-sandwich) it is the fed govt that needs to eat the peas.

Here are some amazing stats on Americans and how they are saving now..

Apparently, when it comes to personal finances, Americans have been "eating their peas." Twice as many Americans are saving more money today than they did before the recession, according to a survey conducted by America's Research Group for CNBC.com.

Obama is refusing to cut spending, even at a moderate level. He is going to pay for this by losing the presidency.
21 posted on 07/18/2011 4:05:16 PM PDT by Fred (Palin/Bachmann 2012 OR Bachmann/Palin 2012......that is the ticket!!!)
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To: Fred

Really brave of him to make this declaration since the bill would never get outr of the Democrat led senate.

Think the MSM forgot to add that to the article.


22 posted on 07/18/2011 4:17:08 PM PDT by EQAndyBuzz (As long as the MSM covers for Obama, he will be above the law)
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To: Fred
Obama as usual, is mis-reading the American people. Americans are in serious de-leverage mode, they have been sacrificing for the last 4 years.

Correct. I think there are three (maybe more) reasons for this: 1) people are in a defensive mode and want to have plenty of cash on hand because they fear losing their jobs or an economic collapse, 2) this is a backlash against Obama. People are not spending because they don't want the economy to improve while Obama is still in office, and 3) people are starving the government beast because they know that's the only way the beast will retreat.

If a Republican is elected in 2012, the wallets will open, not only on the part of individuals, but also on the part of businesses.

36 posted on 07/18/2011 5:45:10 PM PDT by randita (All we are sayin' is give peas a chance...)
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