By James Pethokoukis,Reuters
The Chinese are concerned Obamacare will Sink America deeper into debt
Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.
Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they,when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade.
Nothing happening in Washington today should give Beijing any comfort or confidence about what may happen tomorrow. Healthcare reform was originally promoted as a way to “bend the curve” on escalating entitlement costs,the major part of which is financing Medicare and Medicaid. That is looking more and more like an overpromised deliverable.
Hopefully the Chinese people will not be fooled as easily as we were in the 2008 election. I did not vote for BHO and now see that George Bush was a man of real integrity and real class. Yes the job of Prez is hard,yes it takes lots of manipulating,yes it's hard to be honest and transparent,yes it's hard to please everyone. Yes there is much that goes on behind closed doors that we will never know. But this mafia styled gov't is too much to take ! We have lost our democratic way in D.C. and our democracy. We now have a thugocracy. Wake up people.
l choose Freedom I just imagine all these deocrats wish President Bush was President now since the terriosts attack at Fort Hood while Bush was in there he keep us safe from anothor terriosts attack
Yes we are a thugocracy under this evil obama went in under satan obama is keeping the airways hot even though our debt is so high to china he is a disgrace to this office of Presidency he is a joke he needs to be sent back to kenya
Sadie..he is our very on "mac Daddy"with billions in bail out money who knows where,in their on pockets I guess. He fires up air force 1 and goes somewhere every day which cost us 2ml every time. He is really enjoying himself…just like a MacDaddy..all show…and unable to complete any thing!!
impeach him now. don't wait another day,let's do whatever is required to remove him from office by whatever means required.
Your right Tom. In case some don't have this link.
http://www.impeachobamacampaign.com/
I am sure he flunked economics 101 in college. If he would show us his birth certificate and grades….We could FIRE him.