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Tipsheet

Obama Is Saying: It's The American Citizen's Fault We're Going To Go On This Big Diet; But First, I'll Gorge On Government Spending

Here is what Obama said:

During  a recession of this severity, it is important –– as I explained –– for the government to step in and fill the hole in the man that was created by consumers and by businesses to get the economy kick-started. But, the long-term deficit and debt that we have accumulated is unsustainable. We can't keep on just borrowing from China or borrowing from other countries.

Stephen Moore, Wall Street Journal's senior economic writer responded: "There is a big "H" –– hypocrisy issue here."

As long as the majority of Americans have the same look on their faces as those who are listening to Obama's doublespeak in the video clip, we will continue to live with the "Big H".

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