Obama Wants to Continue to Spend His Way Out of the Recession

Uhuh…  Why?  Because 1 trillion dollars wasn’t quite enough to destroy America within the time frame he envisions?

Nation must ‘spend our way out of this recession’
By: PHILIP ELLIOTT
Associated Press

WASHINGTON  — President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to “spend our way out of this recession” until more Americans are back at work.

Without giving a price tag, Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaks for small businesses and tax incentives to encourage people to make their homes more energy efficient.

“We avoided the depression many feared,” Obama said in a speech at the Brookings Institution, a Washington think tank. But, he added, “Our work is far from done.”

Really?  Gee, I seem to recall Joe Biden saying something along the lines of the economy being far worse than Obama originally thought.  Obviously, Obama gets an “F” in economics, so why should believe him now?

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