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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  3/28/2015
THURSDAY, JUL 28, 2011  |  2 comments
Obama on Recession: ‘Less Money Coming In,’ So We Had to ‘Spend Even More’
When speaking to the nation in a primetime television address on Monday, President Barack Obama said that because less money was “coming in” during the recession, the federal government had to “spend even more.”

“The deficit was on track to top $1 trillion the year I took office,” said Obama. “To make matters worse, the recession meant that there was less money coming in, and it required us to spend even more -- on tax cuts for middle-class families to spur the economy; on unemployment insurance; on aid to states so we could prevent more teachers and firefighters and police officers from being laid off. These emergency steps also added to the deficit.” ...


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cnsnews.com

Response to economic crisis?
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· Page 1 ·  Found: 2 user comment(s)
News Item7/29/11 6:15 AM
DeWayne | Oklahoma  Find all comments by DeWayne
This sounds like more Fox nonsense.
2

News Item7/28/11 3:08 PM
jpw  Find all comments by jpw
the daily myths are beginning to feel like a B movie.
1
There are a total of 2 user comments displayed | add new comment |Subscribe to these comments
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