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Thoughts for thought

December 19, 2011
Don Plahn, Marshalltown , Times-Republican

1. President Obama inherited a bad economy from President Bush. Right? OK! As with many inheritances, President Obama didn't have the foggiest idea what to do with his. He just didn't understand or comprehend that when a "credit card" is maxed-out, you don't raise the credit limit so you can spend more money, even if it isn't yours. You cannot spend other people's money to achieve prosperity. You cannot make a poor man rich by making a rich man poor. (I read this someplace) We need jobs - in this country.

 
 
 

 

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