Tuesday, July 20, 2010

Newt: Obama Like a 'Teenager with a Credit Card'

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Former Republican House Speaker Newt Gingrich criticized President Obama this morning on NBC's "Today," likening the president's approach to the economy and unemployment to that of a "teenager with a credit card."

Gingrich issued the barb in response to Mr. Obama's comments yesterday criticizing Republicans for opposing a bill extending benefits for the unemployed. Gingrich said the bill would do little for job creation and complained its $33 billion price tag would simply add to an already inflated deficit.

"The second biggest concern of the American people after jobs is deficit spending," Gingrich said.

He added: "The president's very shallow politics [is] assuming the American people are dumb enough to follow the latest headline and don't realize the real problem with unemployment is, this is a job killing administration and a job killing Democratic Congress and that's why those people are unemployed."

Gingrich's harsh assessment of the administration will add to speculation that he may seek the Republican nomination in the 2012 presidential elections. Gingrich has already said that's he's "never been this serious" about a bid, though he made similar claims in the 2008 cycle and declined to run. READ MORE...

NOTE- President Obama doesn't 'think the American people are stupid,' he just 'knows' that 51% are really dumb. That's obvious..

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