President Obama announced two weeks ago that “the private sector is doing fine.” He claimed that the private sector was creating large numbers of jobs, and that more money needed to be spent by the government to keep up the public-sector pace.
Mr. Obama’s maniacal orgy of borrowing and spending is unprecedented and is bankrupting the country. By the way, where did the $831 billion failed stimulus go and who got it? The president stated it would keep the unemployment rate below 8 percent and create millions of jobs. Not even close.