Obama & the Gigantic Spending Bubble
Rush Pearl of Wisdom - 07 Jan 2009
“We are witnessing the growing of a massive government spending bubble. Now, we had the housing bubble just a few short months ago, and what caused that bubble to burst? Wasn’t it debt " massive debt that cannot ever be repaid? Such debt is a recipe for disaster, and yet we’re replicating it with Obama’s stimulus!”
“A true stimulus would shrink deficits. What Obama really wants to do is stimulate government " the same government that demanded a plan from the automakers before giving them the money, but wants us to give Congress trillions before they have a plan. Government did the wrong thing, and we have to pay for it!”
See also this today! Outside of trying to grok how much is being spent via concepts about the magnitude of a billion $$$ I would use this picture to get you started - unfortunately a bubble large enough would not fit on the same diagram. Just imagine a line tangent to the big green bubble that just barely begins to curve toward the bubble - that's a close to fit as we'll grok it before it all pops.
Tags
- spending bubble
- government
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