By Ian Swanson,The Hill
The recession has gotten worse thanks to Obama
U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.
“Congress,the administration and states must recognize that our weak economy simply could not sustain all the new taxes,regulations and mandates now under consideration. It’s a sure-fire recipe for a double-dip recession,or worse,” Donohue said in a speech providing the Chamber’s outlook for 2010.
Donohue said the lawmakers should not let former President George W. Bush’s tax cuts expire at the end of year and lambasted Democratic efforts on healthcare and financial regulatory reform as well as climate change.
If the tax cuts are allowed to expire,“we will likely end up with even bigger deficits and greater economic misery,” Donohue said.
Right on schedule…That is what "OOO"is working towards and expect more of the same folks!
IMPEACH OBAMA IN 2010
http://www.impeachobamacampaign.com/
Tom Donohue is really a smart Man I listened to him the othor day but obama does not like him because obama is just stupid radical marxists communists dictator muslim boy from kenya who needs to go to Prison
I totally agree. That is what NOBama hopes for ! ……More ecomony misery,and the sooner the better,as far as he and his Marxist comrads are concerned !