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Brilliant deduction Watson !
Essentially, the president said that the federal government "spends" when it does not raise taxes.
Despite the bankruptcies of three green energy companies that received heavy doses of federal tax dollars, Obama also pledged Monday to “double down on clean energy.”
“It means we’ve got to keep on investing in American energy. We’ve got to double down on the clean energy that is creating jobs. But, it also means we’ve got to renew the American values of fair play and shared responsibility.”
Obama told the college audience that trimming the deficit was important, but stressed that “investments” was important as well. He focused the bulk of the speech on an $8 billion program to establish a partnership with community colleges and businesses.
Has He forgotten this is an election year ?
Elsewhere in the speech, Obama reiterated the point: “We need to reduce our dependence on foreign oil by ending the subsidies for oil companies, and doubling down on clean energy that generates jobs and strengthens our security.”
In the past year, three firms that received federal loans or grants filed for Chapter 11 bankruptcy after getting grants or loans from the American Recovery and Reinvestment Act, also known as the Stimulus.
Originally posted by jjkenobi
There aren't enough "rich" people in the US to make a dent in the deficit. It's all a sham political game trying to get the millions of American Sheeple on food stamps and welfare to hate people who actually work for a living. And so far for Obama it's working.
Originally posted by MentorsRiddle
Obama is the biggest political joke in US history.
He has done nothing but push us further into debt, raise taxes, and do absolutly nothing of what he promised us he would do.
He can't even prove he is a citizen of this country - and every attempt at providing evidence has ended in a possible fraudulent document.
What is this country and our government thinking by alowing this man to continue occupying the White House while he can't provide sufficient evidence that he is a citizen?
Why does he even have above a 10% approval rating when he has not lived up to even 1% of his promises?
He is a joke & a horrible leader who litterally bows to foreign leaders and powers.
WTF America! Wake up!