That’s the hallmark of the Obama administration. Just like the health-care mantra is “choice and competition” when it’s actually state-run totalitarian health care on the Soviet model, Treasury Secretary Tim Geithner has the unmitigated gall to say this:
The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar’s status, Treasury Secretary Timothy Geithner said on Friday.
The comments came as the Obama administration reported a record U.S. budget deficit for the fiscal year ended September of $1.4 trillion. At 10 percent of gross domestic product, it was the biggest U.S. fiscal shortfall since World War Two.
Who does he think the architect of this fiscal debacle is, for cryin’ out loud. It’s him and Obama (with a good assist from Chris Dodd, Barney Frank and ACORN, to be fair).
