Sean Hannity interviewed Sarah Palin and she had quite a bit to say about Obamanomics. She made some good points.
Drudge posted a partial transcript.
As President Obama vows to spend the ‘stimulus’ faster, Governor Palin tells host Sean Hannity: ‘You gotta quit digging that hole!’
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HANNITY: What do you make of – look at the state of the economy now…
PALIN: Well, when you consider that the federal government is about eleven trillion dollars in debt, and we’re borrowing more to spend more.. it defies any sensible economic policy that any of us ever learned through college. It defies economy practices and principles that tell ya ‘you gotta quit digging that hole when you are in that financial hole’
Palin continues:
“America is digging a deeper hole and how are we paying for this government largesse. We’re borrowing. We’re borrowing from China and we consider that now we own sixty percent of GENERAL MOTORS – or the U.S. government does… But who is the U.S. government becoming more indebted to? It’s China. So that leads you to have to ask who is really going to own our car industry than in America.”
HANNITY: You know but it goes back – It does go back a little to the campaign. I mean, ‘spread the wealth, patriotic duty…’
PALIN: Kind of a ‘we told ya so’.
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