Obama has completely lost it

By | July 5, 2021

Going from the sublime to the completely ridiculous, in a speech at the just-concluded G20 summit in London, President Obama urged Americans not to let their fears crimp their spending. It would be unwise, he argued, for Americans to let the fear of job loss, lack of savings, unpaid bills, credit card debt or student loans deter them from making major purchases. According to the president, “we must spend now as an investment for the future.”
So in this land of imagination, instead of saving for the future, we must spend for the future. Who is he kidding?
I guess Ben Franklin had it wrong – apparently a penny spent is a penny earned.