Obama Sends Letter to G20 Nations to Increase Spending But Says He's Serious About Reducing Deficit
It was a difficult weekend for America’s far left president. The G8 nations snubbed Obama on his attempt to push for more irresponsible government spending. The Europeans rejected Obama’s spend your way to prosperity Keynesian economic recovery plan.
However, today at a press conference Obama insisted that he was serious about reducing the deficit:
Barack Obama tripled the US deficit his first year in office.
He will likely match that deficit this year.