Obama: 'Only Government' Can Break Cycle of Job Loss, Economic Downturn
"It is absolutely true that we can't depend on government alone to create jobs or economic growth," he said. "But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs."
We are in SOOOOO much trouble. Leave it to a liberal to try to solve a crisis brought on by irresponsible borrowing and spending witheven more irresponsible borrowing and spending. Last time I checked, not only was the government not able to do what he thinks it can, it constitutionally has no jurisdiction to do so.
"It is absolutely true that we can't depend on government alone to create jobs or economic growth," he said. "But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs."
We are in SOOOOO much trouble. Leave it to a liberal to try to solve a crisis brought on by irresponsible borrowing and spending witheven more irresponsible borrowing and spending. Last time I checked, not only was the government not able to do what he thinks it can, it constitutionally has no jurisdiction to do so.
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