Tuesday, December 8, 2009

Spend Our Way Out? Huh?

I take it back. President Obama no sooner says something smart (lower taxes for small businesses) than he says something really lame: "We have to spend our way out of this recession".

I ask you, average American, is that what YOU do when you're hurting economically? Improving your situation begins with spending less, right? Isn't that how companies survive too ... cutting expenses (like #employees, travel, etc)?

What is it about that fundamental formula for economic improvement and success that so many in government don't get? Why do they think fundamental economic truths don't apply to them?

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