Tuesday, February 10, 2009

Pres "Free Lunch" will send you the bill eventually!


President "Doom and Gloom" and "Free Lunch" kept it up last night.

He gave long and very long answers that were right out of the campaign teleprompter.

Every answer had a common theme: It's Bush's fault and it's really Bush's fault!

Can someone tell this guy that he won the election?

Why is Pres Obama desperately pushing this package when his party currently control both houses? He does not need a single Republican vote to make this happen!

The answer is that most Dems are scared. They are getting flooded with phone calls, too.

Donald Lambro is chief political correspondent for The Washington Times. He points out that support is eroding as people read the proposal. (Debilitating Details)

The public is going to get really mad when they learn, as many have already learned, that ACORN is going to get money. (Stimulus bill funds ACORN despite its history of corruption)

Just curious: How many jobs will funding ACORN create?

After all, how many people signing up Mickey Mouse to vote do we need to stimulate the economy?

So far, Pres BO is enjoying the usual "honeymoon" that new presidents get.

In fact, he is more popular than the proposal itself.

You can not survive in business when the salesperson is more popular than the product or service.

Why is this proposal losing support? Because it defies common sense.

You can not spend this kind money without consequences.

Eventually, taxes will go up or inflation will make an unsolicited appearance.

Some of us are old enough to remember the last time that inflation paid a visit to our wallets, circa 1980-81!

It was awful. Remember 20% prime rates? 15% inflation?

For a little more, check out There's No Stimulus Free Lunch By GARY S. BECKER and KEVIN M. MURPHY:

"Nor can one ever forget that spending is not free, and ultimately it has to be financed by higher taxes."

Moral of the story: There is no "free lunch", specially when "President Hope and change" is inviting you!

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