"Spender-in-Chief" ... Obama says U.S. will "pay at we go"

-Obama pushes record-breaking $2 trillion debt-

It is laughable that Barack Obama should stand in front of the nation and say, "We should pay as we go." That horse has already left the barn.

There is a reason Republicans lined up in unity against the stimulus bill. They knew it would not "stimulate" the economy ... and they were right. Six million jobs have been lost since the winter of 2007 ... 1.6 million jobs lost just since February 2009 ... yet Obama had promised to create jobs. Now he says he is going to use stimulus money to create 600,000 new jobs. The point of the stimulus money was to prevent a higher unemployment rate yet we have 9%+ unemployment nationwide (11% in Waynesboro) and in danger of going higher.

Investors Business Daily editorialized:

The Obama administration, totally unfamiliar with the first rule of holes, has announced it's about to really, really ramp up stimulus spending to create 600,000 jobs this summer. That's on top of the 150,000 jobs it has "saved," though there's no way to identify or measure such jobs.

The unemployment rate, which was never supposed to rise above 8% because of the stimulus, is now approaching 10%. The excuse given is that not enough of the stimulus money has been dispersed.

Monday's announcement of a new and improved stimulus is just old wine in new bottles. In the first 100 days of the stimulus, some $44 billion was spent as jobs continued to hemorrhage. Now we're asked to do more of the same and expect different results.

Nationalize banks, take over car companies, jam nationalized health care down the throats of Americans ... Obama is at risk of becoming a "buyers' remorse" president.