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Obama's Interesting Approach to Growing the Economy

Mr. Obama has an interesting approach to creating growth.

A quote from his budget proposal:

“He said his proposals would ‘invest in the things that will help grow our economy right now. We can’t cut back on those things that are important for us to grow. We can’t just cut our way into growth. We can cut back on the things that we don’t need, but we also have to make sure everyone is paying their fair share for the things that we do need.’

Said another way:

(1)  ‘Spending’ is not as politically correct as ‘investing’ – Investing is the new word for Spending. So, if I really want that big screen television, I guess it is an investment versus spending.

(2)  Cutting spending doesn’t create growth? – No, cutting spending creates growth which increases your bottom line. You know….like Growth.

(3)  We are going to kill growth by making those who are growing the economy pay the taxes for the 50% of Americans who don’t pay taxes.

(4)  Imagine if the politicians actually cut back on “the things that we don’t need?” That would probably be a lot of growth.

You have to love “politically-correct” math.


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