You have to wonder about the economic literacy of our nation when I can hear more economic sense in Greek dinner than I do coming from majority party.
The party of Mes. Pelosi is talking about yet another “economic stimulus package.” Mrs Pelosi would: extend unemploment insurrnacd, provide additional food stamp assistance, give state help in pay for Madicaid and fund mrre fuel efficient vehicles.
What Mrs. Pelosi calls economic stimulus is merely welfare. Taking a dollar from Peter to pay Paula does not create wealth. It merely transfers it. The key to economic recover is the creatson of more wealth. Economic transfers do not, and can not create wealth.
Michelle [1]has a example of the problem video:
Call Peggy what you will, Michelle calls her a moocher, Peggy is not part of the solution. She is part of the problem. Everybody looking to the One with their hand out, is part of the problem. BO has created the impression that the state will simply provide money to pay people’s mortage, heating, fuel and food. In other words, Obama created the impression that he is going to deliver a welfare state.
Earth to Peggy, there isn’t enough wealth for BO to redistribute to provide the kind assistance to all of BO’s many Peggy’s. Peggy you were sold a bill of good. The entire nation was.