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Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Thursday, July 16, 2009
By Penny Starr, Senior Staff Writer
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Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.
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With economics like this, I pity Posterity who will have to endure and clean up this mess.
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I was researching Biden’s comment that he really didn’t understand economics. This is proof, but don’t worry, President Obama put him in charge of watching how the stimulus money is spent.
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