07/10/10 Baltimore, Maryland – Like a rat on its exercise wheel, the White House keeps on spinning though new spending program ideas without ever determining a finish line. Basically, how to pay for them.
If the Obama administration decides to step off the spending wheel too late it’s likely to end up with a no-win situation similar to the options pictured below.
Rocky Vega
Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
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Hopefully we will not be stuck with the same crop of linguini-spined republicans come this November. Do not fund these wasteful programs. Undo the mess.
“linguini-spined republicans.” Thats a good one.