Obama’s spending spree
It’s like a teenage girl with a credit card at the mall. Not fully thinking through the consequences of irrational spending.
Brian Reidl, a senior policy analyst at the Heritage Foundation, said all the spending may lead a Democratic-controlled Congress to “overreach and create expensive, unworkable new programs that will not be easy to fix or cut later.”
“There are significant economic risks to rapidly expanding the size of government,” Reidl said. “Countries with large governments produce less wealth and create fewer jobs than countries with minimal government.”
Like any spending the government initiates, it never goes down, always up.
President Reagan came into office believing that government was more the problem than the answer and his policies brought us into a long period of growth. President Obama believes that government is the answer and only history yet to be made will determine who made the better call. I know who my money is on.