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Subject:  Re: Snowstorm Nemo: denial vs. reality Date:  2/10/2013  1:22 PM
Author:  NemesisToLibs Number:  1858794 of 2286405

Obama has said we don't have a spending problem. He said we have a revenue problem. Well, the revenues will never be able to catch up with his spending.

Obama has painted himself into a corner. He has taxed and regulated the private industry such that the U.S. is incapable of producing the growth that Obama needs to support his excessive spending appetite. In the end, Obama will have no choice but to cut spending to avoid national bankruptcy.
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