Wednesday, February 3, 2010

Obama Missed Econ 101 at Harvard


Obama announced today that he now fears our currency rates may be a problem for the US as we consider exporting US goods to China and other foreign countries.

Duh!!!! Was Obama sleeping in his economics classes at Harvard?

Obama and the liberals are destroying the US economy by spending money, borrowing more, and then printing new money with nothing to back it up.

Now all of a sudden he realizes that he is destroying the value of the US Dollar.

During his state of the union address he mentioned that he wanted to take the money that the banks had repaid to the federal govenment and spend it somewhere else.

Spend, Spend, Spend, Spend, Spend!!!!!

Has Obama lost his mind?

http://www.reuters.com/article/idUSWEN960720100203?type=usDollarRpt

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