December 8, 2009

Spend Our Way Out of Debt!

Spend our way out of obesity!

Spend our way out of alcoholism and drug addiction!

AP:

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

WASHINGTON President Barack Obama outlined major new government stimulus and jobs proposals on Tuesday, saying the nation must continue to "spend our way out of this recession."

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.


As Professor Reynolds would say "What could possibly go wrong?"

Obama Administration Posted by John Kranz at December 8, 2009 12:56 PM

this is a new plan?

I could have sworn that Vice President Biden said we have to spend to save. or something like that.

Posted by: AlexC at December 8, 2009 5:24 PM

Gotta confess it didn't sound really groundbreaking to me either. You do have to admire the directness of the AP headline, though.

Posted by: jk at December 8, 2009 5:41 PM | What do you think? [2]