How Obama created Great Depression II
"...A [New Great Depression] isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."
Lee E. Ohanian
Actively and purposefully participated in creation of the current financial crisis
Currently spending money we don't have to bail out foreign countries.
Is responsible for:
$787 billion American Recovery and Reinvestment Act of 2009 - FAIL
Unemployment prevention -FAIL
$3 Billion Cash for Clunkers -FAIL
$13.4 billion + $5 billion + + $26 Billion + $4 Billion + $??? GM and GM and Chrysler bailout - FAIL
$76.2 billion+ $50.7 billion + $8.4 Billion + $??? saving Fannie Mae and Freddie Mac - FAIL
$2.4 Trillion Heath-care Reform - FAIL:
redistribution of wealth
medical-device companies shrinking
hurts the states
creates shortages and rationing
creates unconstitutional mandate or tax
increases costs and expenses
increases premiums
destroys physicians owned hospitals
creates doctors shortages