UK Prime Minister Eviscerated For 10% Deficit to GDP (Obama Has a 12% Deficit to GDP)
British Prime Minister Gordon Brown was ravaged at the EU meeting he attended this week.
Daniel Hannan, MEP for South East England, eviscerated the British leader for his massive spending and debt– “You have run out of our money!”
Here’s the video:
Video via Drudge
From Daniel Hannon’s speech:
The UK is going into the current recession in the worst shape of any EU country. Every British child will now be born owing around 20,000 pounds. Interest on that debt will cost more than educating that particular child… The UK now runs a deficit that runs more than 10% of GDP, more than Pakistan and Hungary.
So how does America’s situation compare to Great Britain’s?
President Obama expects the deficit level to be 12% of GDP this year.
Maybe this is the reason Senator Judd Gregg says Obama will bankrupt America?
UPDATE: Daniel Hannan’s video goes viral.