President Obama has a new economic plan â to borrow another fifty billion for more âStimulusâ spending.
Havenât we already seen this movie? Wasn’t Obama’s first eight hundred billion dollar âstimulusâ plan (which my opponent, Bob Etheridge voted for) supposed to create three million jobs? The cold reality is since Obama and Etheridge started borrowing and spending at record levels weâve lost 2 1/2 million jobs.
Obama /Etheridge Economics can be summed up in five words: Debt, debt and more debt. But if debt was the answer to creating jobs, we’d all be on Easy Street. No one in America would be out of work.
Obama-nomics is not the answer. And the unemployment numbers prove it.
What is the answer? Three words sum it up â Stop The Spending.
In 1981, England faced high unemployment and the so called âsmart peopleâ said more government borrowing and spending would fix it. But one lady dug in her high heels and said âno.â She cut spending and the British economy boomed.
Margaret Thatcher went down in history for her firm resolution and ability to accomplish difficult goals. I’m not her. But if you help me, I’ll dig my high heels in on the House floor to stop the spending.

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