In one of the most awkward and vapid performances I can remember his having given, Pres. Barack Obama yesterday made it clear that he has learned absolutely nothing from the debt-ceiling debate — that he may be incapable of learning. He continued to talk nonsense about government “investing” in this, that, and the other, and said that was how the nation creates jobs. It was a self-discrediting performance.
Emphasis added. (Via Instapundit.) Williamson also details how he would balance the budget.
Even after his $800 billion stimulus failed to generate the promised employment numbers, the president still thinks we should be spending more money to jumpstart the economy . He sounds like a man who, after maxing out his credit cards, ask Visa to raise his credit limit so he can spend a little more to get his life in order.
Um, Mr. President, weren’t you paying attention during the recent debate? We don’t have the money to fund your new schemes — or any new schemes for that matter.
Someone looking for new means of government “investment” at a time when federal borrowing exceeds the Gross Domestic Product is not fit to lead.