Tuesday, March 3, 2009

FACT: OBAMA HAS ALREADY COST US MORE THAN 9/11



astuteblogger.blogspot.com:
1 - THE ECONOMIC LOSSES TO THE USA ECONOMY OF 9/11 HAVE BEEN ESTIMATED AT $1 TRILLION - SOME SAY $2 TRILLION.

2 - SINCE OBAMA'S ELECTION MADE THE PROSPECT OF OBAMANOMICS A CERTAINTY, THE USA ECONOMY HAS LOST $6 - COUNT'EM $$IX!!! - TRILLION.

FACT: OBAMA'S POLICIES HAVE COST US THREE TIMES MORE THAN BIN LADEN'S.

From the WSJ:
...."Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.

The Democrats who now run Washington don't want to hear this, because they benefit from blaming all bad economic news on President Bush. And Mr. Obama has inherited an unusual recession deepened by credit problems, both of which will take time to climb out of".

"Listening to Mr. Obama and his chief of staff, Rahm Emanuel, on the weekend, we couldn't help but wonder if they appreciate any of this. They seem preoccupied with going to the barricades against Republicans who wield little power, or picking a fight with Rush Limbaugh, as if this is the kind of economic leadership Americans want.

Perhaps they're reading the polls and figure they have two or three years before voters stop blaming Republicans and Mr. Bush for the economy".

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"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty" (Churchill)