Saturday, May 2, 2009

Republican Lynn Jenkins Chides Obama Taxing and Spending

Republican Lynn Jenkins has chided the first 100 days of Obama in office as a period of nothing but taxing and spending which will put the nation into a debt greater than that accumulated over the 200 year old history of United States. She said that $780 billion stimulus spending and over $3 trillion in federal budget package is going to push the country into a huge debt which the government can only recover through taxing the American people. The current situation will lead to a energy crisis which the country is already facing due to pressure on oil prices and commodities like metals. 

According to Lynn, republicans can do a much better job of generating more jobs, revive the housing market and rebuild savings schemes at half the spending of the democrats. 

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