"I just say this crap with a big smile. That way
all the sap-happy libs wet themselves in adoration."
The US government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost. Bernanke began putting it into action after the credit system seized up in 2008, purchasing $1.75 trillion of Treasuries, mortgage securities, and agency bonds to shore up the US credit system.
When a government is faced with a debt it cannot pay, it has four choices: borrow, steal, print or default. Our government has been doing the first two for years, and is easing into the third. They will not default, even if we end up with inflation like Germany had before WWII. Obama will raise taxes and print money. The money the government steals via taxes is less disposable income in the economy. More job losses. Money that gets poured down the rat hole of socialist spending. Tax increases are a disincentive to new job creation. It's the looming tax increases that have employers holding off hiring.
A profitable business owner takes risks to hire people and start new ventures or the other way to fire everyone and retire if the circumstances are too frustrating to want to produce. The Administration and Congress want to confiscate more of the business wealth and redistribute it, embracing social engineering to steer it 'fairly' into the waiting pockets of appreciative voters. Batten down the hatches! Taxes a plenty next year.
When the economy realizes some growth again, those waiting to get rehired as managers and engineers start to find they have to work two jobs as cashiers and janitors. These liberals are going to friggin' sing and dance along, all the way, as they dance off a cliff.
There's only one thing hate more than commies.
And that's, well, commies. ;-)
Blood and destruction shall be so in use
And dreadful objects so familiar
That mothers shall but smile when they behold
Their infants quarter'd with the hands of war;
All pity choked with custom of fell deeds:
And Caesar's spirit, ranging for revenge,
With Ate by his side come hot from hell,
Shall in these confines with a monarch's voice
Cry 'Havoc,' and let slip the dogs of war(1)
Someday soon we will realize that commies aren't cool, and once again we will be at war with them. But this time it's 'We Win'. (has to be or it's 'over')
(1) oops almost forgot, © William Shakespeare
Obama is a combination of communist & fascist. But it doesn’t make any difference to our economy. He is a dictator, and the biggest thief in history.
These people are complete idiots. It is going to be sweet to watch these people standing in the unemployment line next year.