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GOP: Obama put us on ‘a roadmap to Greece’

By Jordy Yager - 02/18/12 11:47 AM ET

Republicans bashed President Obama on Saturday for his “broken” fiscal policies, including his recent budget proposal, which they said would put America on “a roadmap to Greece.”

In the GOP’s weekly address, Rep. Cathy McMorris Rodgers (Wash.) pointed to high unemployment numbers, a staggeringly high deficit and high gas prices as evidence that Obama’s economic strategy has failed and was leading the United States toward financial ruin.

“If we keep on going like this, the consequences will be devastating,” said McMorris Rogers. “As we’ve learned from Greece and the European Union, no country can escape the costs of big government policies forever. The president’s budget isn’t a blueprint for America — it’s a roadmap to Greece.

“It didn’t have to be this way. The president and his party have been given numerous opportunities to rein in spending and help create a better environment for job creation, and they’ve punted almost every time.” 

Much of Obama’s failure to turn the United States’s financial state around, McMorris Rogers said, was due to the Democratic philosophy that a strong economy needs to be bolstered by a robust government.

“You see, the president and his party have it all wrong,” she said. “They believe they can grow the economy and create jobs by increasing government spending and raising taxes, including taxes on small businesses.

“But the American people know that the way to grow the economy and create jobs is by cutting government spending and keeping taxes low for all taxpayers.” 

McMorris Rogers said that if Americans buy into Obama’s fiscal policies, the country could find itself at the behest of China.

“Unfortunately, the president’s budget continues on this wrong path,” she said. “Instead of leading the effort to bring down our debt and make tough choices, the president is proposing that we spend more and more. All his wasteful spending puts us deeper in debt to China. All his tax hikes would destroy jobs and make it tougher to compete with China.”


Source:
http://thehill.com/video/house/211539-gop-obama-put-us-on-a-roadmap-to-greece

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