Sunday, September 16, 2012

Paul Ryan: QE3 is a bailout for Obama


Rep. Ryan: New Fed policy a ‘bailout’ for Obama economy - Peter Schroeder/The Hill
Speaking at a campaign event in Oldsmar, Fla., Mitt Romney's vice presidential candidate lambasted the Fed's recent decision to try and do more to boost the economy as "sugar high economics."

"We don't need synthetic money creation. We need economic growth. We want wealth creation," he said. "We don't want to print money. We want opportunity and growth.”
There has been no end of distracting topics for the media to focus on over the last week, but under the covers, the economy is still there and the cliff lying ahead of us hasn’t gone away. - Jazz Shaw/HotAir