Friday, June 8, 2012

GOP rejects Obama's "fine" assessment of private sector

Speaker John Boehner and Republicans leaders responded to President Obama's statement and press conference on the economy on Friday, rejecting his statement that the private sector is "doing fine."

With increasing regulation and taxation on the private sector, while production is anything but increasing, it's no wonder that those actually producing believe Obama's statement to be false. As government spending increases supported by both Left and Right, any opinion that increasing debt while decreasing production is sustainable is laughable, but also an insight that fiat government is well removed from reality. Maybe the state should e removed entirely?

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