(Via the Drudge Report)
“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”
I sincerely doubt it. Not when he continues to push ahead with credit card “reform”, health care “reform”, rainbows, unicorns and puppies for everyone.