why does obama keep spending money when we are over trillions in debt?
Asked By: Josh - 1/24/2010
Best Answer - Chosen by Asker
The over-arching economic premise adopted by progressive governments is "you gotta spend money to make money" through a balance of the following... More
Answered By: Soozie - 1/24/2010
Additional Answers (6)
Because he doesn't understand economics. You can't spend your way out of debt.
Answered By: Kevin - 1/24/2010
Obama isn't as much interested in resolving the economy as much as he has a left wing agenda to propagate... More
Answered By: Happy Ours - 1/24/2010
The money he first asked for has not been spent yet, only budgeted. It's budgeted to create jobs and prevent the economy from going into the dumper.
Answered By: Edvado - 1/24/2010
Please don't tell him what comes after a trillionnnnnnnnnnnnnnnn
Answered By: Vickilynn - 1/24/2010
The government's role is tax and spend money to make money and provide services to citizens. Didn't you know that or did you think states did it, that's a no go if no state raises taxes. Don't worry soon you will be able to ask corporations to help us out and while they run the government for us. Can't you see, the... More
Answered By: aeriol7 - 1/24/2010
If you ever take an Economics 101 class, you'll learn about Keynesian economics. Before the great depression, the dominant view was called the classical economist point of view on economics. Check this out: http://pla.blogspot.com/2002_10_13_pla_archive.html#83095382
Answered By: Brandon S - 1/28/2010
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