Friday, October 22, 2010
This graph is self-explanatory. Obamanomics is defined as borrowing money that becomes the debt obligation of the taxpaying middle class - and is catastrophically unpayable - to enable the Government to hire 100's of thousands of people and put them to work doing either unnecessary or unaffordable tasks. This is a massive transfer of wealth out of the pockets of honest, privately employed citizens. In that it guarantees more votes and political support from unions and public employees for those in power, this is right out of the playbook of Ayn Rand and George Orwell.
Posted by Dave in Denver at 2:42 PM