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Romney: Obama responsible for huge `peacetime’ spending binge

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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:22 PM
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Romney: Obama responsible for huge `peacetime’ spending binge
Romney: Obama responsible for huge `peacetime’ spending binge
By Greg Sargent

Mitt Romney is getting some media attention today for an op ed in today’s New Hampshire Union Leader claming that Obama is “not serious about America’s financial health.” But this might be the most newsworthy passage in Romney's piece:

Barack Obama is facing a financial emergency on a grander scale. Yet his approach has been to engage in one of the biggest peacetime spending binges in American history. With its failed stimulus package, its grandiose new social programs, its fervor for more taxes and government regulations, and its hostility toward business, the administration has made the debt problem worse, hindered economic recovery and needlessly cost American workers countless jobs.

Peacetime? I guess that’s an easy way to avoid mentioning that our fiscal problems have been badly exacerbated by the two wars Obama inherited from Bush (one of which Obama escalated), which have cost north of $1.5 trillion.

http://www.washingtonpost.com/blogs/plum-line/post/romney-obama-responsible-for-huge-peacetime-spending-binge/2011/03/03/AF7DlJjE_blog.html


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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:25 PM
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1. One should only binge on war -- else the "fodder" could get the wrong idea!
n/t
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:26 PM
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2. Warrior: Mittens responsible for huge clue deficit
NGU.

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rox63 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:38 PM
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3. When was this supposed 'peacetime' that they speak of?
:shrug:
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WhiteTara Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:52 PM
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4. Peace time? As in, we're not being bombed? n/t
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Beaverhausen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 03:54 PM
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5. wow- this clueless and he's the frontrunner?
we got this.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 09:40 AM
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6. I wonder how many are sane enough to be dumbfounded by his article?
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krabigirl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 10:14 AM
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7. Peacetime? Sorry, what peace?
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 03:51 PM
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8. The WAR SPENDING is what bothers me
It never stops does it?

http://costofwar.com/en/
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