June 9, 2009
President Obama says we are in a deeper recession than originally thought. He blames the Bush administration, but how much longer is that going to fly with the public?
It is the Obama administration that is borrowing and spending as if there is no tomorrow. It is the Obama administration that promised $50 billion would save GM and Chrysler, but it didn’t. It is the Obama administration that says we need another stimulus bill when the first one didn’t work. He has instructed cabinet agencies to hire more people, or save jobs. But whatever new jobs may be created won’t last. When the money runs out they will return to unemployment.
Next, Obama wants to transform the health care of the country and he’ll pay for it by taxing the productive, taxing business who will layoff workers to pay for it and taxing anything else he can push through.
This administration is becoming a disaster. Not all Democrats are liberals. The fiscally responsible among them must speak out and stop this march to socialism. They’d better do it soon.
Cal Thomas is a nationally syndicated columnist based in Washington, D.C.