Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’

July 16, 2009 by Jeff · Leave a Comment
Filed under: Economy, Health Care, Politics 

From CNSNews.com:

Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”

“We’re going to go bankrupt as a nation,” Biden said.

“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”

With all due respect Mr. Vice President, we’re already bankrupt… Or do you think trillion-dollar deficits as far as the eye can see are a good thing?

Oh, and  by the way Mr. Vice President the Congressional Budget Office has already laid waste to your foolish ‘We Have to Go Spend Money to Keep From Going Bankrupt’ argument.

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