Monday, September 13, 2010

Even Hillary agrees! Economics 101: Step 1

Even Hillary agrees! Economics 101: Step 1:

If Secretary of State Hillary Clinton warned last week that our rising national debt 'poses a national security threat,' should President Obama or any in his administration be suggesting any economic plan that increases it in any way?

At last week's Council on Foreign Relations, or CFR, meeting, Secretary of State Clinton was supposed to be espousing 'a new American moment' and boosting U.S. global leadership around the world, but she ended up dropping the country further in the tank (the debt tank that is), during an off-script Q&A time after her 45-minute speech.

In response to a question from the president of the CFR, Richard Haass, on the impact of a monstrous and crippling national debt, Clinton veered from the Obama administration's typical economic path. She juxtaposed herself against its plan that massively increases our debt and deficit and sounded the fiscal alarm, 'We are losing the ability to charter our own destiny.'"

No comments:

Post a Comment