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NOTE: Sorry for the delay. The site was hacked by Madonna's hackers who have been damaging the Judiciary Report site again for the past week, in trying to prevent article updates.

President Obama: Spend The Nation Out Of Debt

December 9. 2009

U.S. President Obama

U.S. President Obama has pledged to spend America out of debt, which is an oxymoron. It will only run up the deficit, which is already sky high. With all due respect, your financial advisors need to be fired, as they are not giving you sound advice. Hearing such proclamation from the President must alarm China, who holds the most U.S. debt in the world. 

New Obama plans: 'spend our way out' of downturn

Dec 8 12:35 PM US/Eastern - WASHINGTON (AP) - President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to "spend our way out of this recession" until more Americans are back at work.

Without giving a price tag, Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaks for small businesses and tax incentives to encourage people to make their homes more energy efficient. "We avoided the depression many feared," Obama said in a speech at the Brookings Institution, a Washington think tank. But, he added, "Our work is far from done."




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