It’s reality world and Barry’s somehow living in it
Here’s the basic Democrat economic worldview: we need huge government, even if we can’t afford it (nor can our children or their children) for the simple reason that huge government (and the associated deficit spending) will create jobs for everyone. Repaying that debt and/or inflation concerns? Meh.
Except we face this rude intrusion called reality. While we still have the huge government no one can afford, there somehow aren’t jobs for everyone. At this rate of growth (and with new workers attempting to enter the workplace), employment will be caught up to pre-Obama levels after 2025 and we’re doing worse this year when we were in 2010.
And wait until the alleged 96K “jobs added” figure is revised downward, as is almost always is. Unexpectedly.
If huge government/government deficit spending worked, wouldn’t we have seen the beneficial results years ago?
Naturally, the logical Democrat extension of huge government is more Obama. You know: I got a fevah… and the only prescription… is more Obamanomics.
What he couldn’t get done in four years now requires eight; what could only be accomplished with $6 trillion in new debt will require still more. With healthcare, single payer will not be nearly good enough: the nation demands no-payer.
Is it possible for a nation to be sentenced to debtor’s prison (‘cause the asylum is sure to lack the bed space)? No, but bankruptcy and default (well… let’s call it restructuring or even better, reform) must be.