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Can We Spend Ourselves Rich? E-mail
Written by Renee Ellmers for Congress   
Wednesday, 03 February 2010 12:19

President Obama is gambling with our economic future. With federal debt exploding, President Obama is increasing spending over 8 percent next year in his new budget - increasing spending 310 billions dollars - by doubling down on his failed stimulus. And he's sending the bill to children yet to be born by increasing the National debt.

Last year, Barack Obama and the Nancy Pelosi Congress and Congressman Bob Etheridge increased spending 37 percent in 2009 and 2010. They believe we can spend ourselves rich. That's a dangerous game. Because history shows that more spending, more taxing and more borrowing are a road to ruin.

It's as if Washington is deliberately wrecking our economy so more people will become more dependent on government and politicians. Why else would Obama reduce the mortgage interest deduction in the middle of a real estate crash?  Nancy Pelosi and the liberals in Congress are maxing out the credit card so there will be no alternative to a massive tax increase on every American -- and Bob Etheridge is voting with them 97% of the time.

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