Sunday, August 21, 2011

Trickle Down Economics is bad . . .

As spoken on Meet The Press, by Governor Mitch Daniels, R-Indiana:

"The point he is making, on flooding the world with printed money, borrowing unlimited quantities, using it for 'trickle-down government', which is the policy of this administration, is a bad one."

Governor Daniels was supporting the comments made by Governor Rick Perry of Texas, upon calling the current President's policies "treasonous."

Let's check that: George W. Bush spent 6.4 Trillion dollars - he added to the deficit. Obama has added 2.4 Trillion.

That is almost three to one . . . and we wonder why we are in the problem that we are in?

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