President Obama's Bogus economics: I think you grow an economy from the middle out, not the top down.

Deep thought of the day from Obama: ‘I think you grow an ...
President Obama on the choice we face this fall: “I think you grow an economy from the middle out, not the top down.”

How Economic Growth Works
  • Gov't, business, and/or individuals invest using saved or borrowed funds
  • Positive results lead to growth and more jobs, income at lower cost

    What does not work
  • Gov't borrows money to spend or make bad investments.
  • Middle class is squeezed between flat income and higher costs - thus, no savings to invest.
  • Without savings, the economy must rely on more borrowed money - leading to European style crisis.

    Should you elect a President who understands how the economy creates jobs, or based on personal appeal?



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