The "Big Lie"

Obama says, " ‘We saw this happen in Japan in the 1990s, where they did not act boldly and swiftly enough, and as a consequence they suffered what was called the ‘lost decade’ where essentially for the entire '90s they did not see any significant economic growth." - This statement is audacity defined. Since 1992 Japan has spent $6.3 trillion in stimulus spending, racking up the largest public debt in the developed world — totaling 180 percent of its $5.5 trillion economy. And this massive borrow-and-spend splurge did nothing to help the economy. And Obama thinks this is evidence in support of his Trillion Dollar Debt Plan?” Actually, he doesn’t. He knows this spending doesn’t help. But he wants the power to tell big business what to do that comes along with it. (The Heritage Foundation)