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Thursday, February 12, 2009

The Jihadis Are Smiling

If I were a Jihadi, I would be smiling today after the Senate and House agreed to a deal (without Republican influence, of course) on the spending bill. If they wanted to damage the U.S. economy as much as possible, this spending bill is probably what they would come up with. I believe that in a couple of years when this bill is reviewed and analyzed, it will have done more economic damage than even 9/11.

The American Thinker has a good post about how quickly the U.S. economy is becoming entirely uncompetitive in the global economy, with high tax rates, the increasing litigation, union/labor costs, etc. I don't think anyone should be surprised that the stock market has been performing as it has. Someday (hopefully soon), Americans will realize just how much damage this President and Congress have done to our country and will opt for actual change rather than higher spending and taxes as usual.