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January 29, 2013

4 More Years Of Growth In Government & Decline In Our Living Standards

"I think it’s a shame but sometimes you elect the government you deserve. To say that we deserve Obama is quite a statement because it’s pretty bad to say that we deserve this. But we voted for him and we’re going to have four more years of growth in government, four more years of decline in our living standards, four more years of taxes and inflation and regulation and stagnation and unemployment.

President Obama constantly talks about how unlucky he was that he inherited such a bad economy from his predecessor. Well, his successor is going to inherit an even worse economy than the one that he did. I think the economy is going to be in much worse shape in 2016 when Obama finishes his second term than it was in 2009 when Bush finished his second term." - in Before Its News 

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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