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Golly, go figure. I thought the economy had been creating new debt under Obama?
turns out debt levels are shrinking. How about that!
Please re-read he arcticle. There are two types of debt, public and private. Your post makes it sound like numb nuts has reduced the deficient, life is peachy and we should be singing Kumbaya.. Nope
Well of course private debt has fallen. No one can get a HELOC anymore and they are so overloaded with debt and scared of job loss they are not spending and paying down their CC's.
Foreclosures and bankruptcies also relieves a person of debt.
Please re-read he arcticle. There are two types of debt, public and private. Your post makes it sound like numb nuts has reduced the deficient, life is peachy and we should be singing Kumbaya.. Nope
This is the exact type of smoke and mirror tactic that Obozo The Clown is hoping the sheeple will fall for once again.
Golly, go figure. I thought the economy had been creating new debt under Obama?
turns out debt levels are shrinking. How about that!
Personal debt. Yes, a lot of people are still shell-shocked from 2007-08 and are spending their money on paying off debt as opposed to spending at the mall. Soon they will whip out their credit cards again and put themselves in debt again, and politicians claim credit for "fixing" the economy, but all that happened was the repetition of the same problem.
Last edited by Finn_Jarber; 06-11-2012 at 06:45 AM..
Golly, go figure. I thought the economy had been creating new debt under Obama?
turns out debt levels are shrinking. How about that!
Take another swig of the kool-aid.
This "rate of debt increase" ruse was tried already and was shown to be absurd. The Obama operatives on this site already tried to float that balloon and it was easily shot down.
Obama is adding $1.3 trillion in debt per year and has created $6 trillion in new debt. He is a wild, careless spender. Those are the facts and the ones he must face in November.
Golly, go figure. I thought the economy had been creating new debt under Obama?
turns out debt levels are shrinking. How about that!
Nice Orweiilan New speak.
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