White House: Let Us Spend More Money Or The Economy Gets It!

If you listen very closely, you can hear the administration’s utter desperation.

The top White House economic adviser on Sunday warned against what he called “playing chicken” with the need to raise the nation’s debt ceiling.

Austan Goolsbee, chairman of the White House Council of Economic Advisers, said on ABC’s “This Week” that refusing to raise the debt ceiling would push the country into default — and a far greater economic crisis than Americans saw in 2008.
[...]
Mr. Goolsbee also said the administration wants to juice the economy and get it going faster amid signs of a continuing recovery in the new year.

The President’s desire to raise the debt ceiling, which will allow him to try to pile more trillions of dollars of debt onto our grandchildren, has nothing at all to do with improving the economy or some fictitious “crisis”. We know very well the administration’s penchant for inventing crises any time they want a reason to shove through yet another pre-failed progressive economic program. What President Obama wants is another vote-buying act stimulus, like the two he has already gotten. He can’t win in 2012 without it.

I say we ignore the threats of the progressives who have been so spectacularly wrong over the past two years and listen to a few conservatives for a change.

Other Posts of Interest:

• The Stimulus Bill Must Die by Morning
• Rahm Says We’re Righted, Jim Says We’re Back, but the Pictures Don’t Lie.
• Okay, GOP Leaders, It’s Game Time

Tags: Big Government

Category: The Economy and Your Money