EU: Obama Stimulus Plan Is “The Road To Hell”

Posted on Fri 03/27/2009 by


BRUSSELS (SR) – The head of the European Union, Mirek Topolanek, slammed President Barack Obama’s plan to spend nearly $2 trillion to push the U.S. economy out of recession as “the road to hell.”

“Even an ex-crackhead community organizer should know that trying to repair an economy by spending trillions you don’t have is idiocy,” said Topolanek.

The blunt comments by the Czech Prime Minister to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.

Obama insisted Tuesday that his massive and bloated budget proposal will put the ailing U.S. economy back on its feet. “Borrowing trillions of dollars for temporary building and pork projects just makes sense to me,” he said, “because it lays the foundation for a secure and lasting prosperity, at least until we have to pay it back.”


President Obama defends stimulus plan

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