Sept 11, 2012
Conservative talk radio host Rush Limbaugh on Monday said that a second term for President Barack Obama would lead to the collapse of the the U.S economy.
“We’re spending a trillion dollars we don’t have on welfare. It’s not that we’re taxing producers and redistributing the money. We’re borrowing it; we’re printing it. We don’t have it! Over a trillion dollars a year,” Limbaugh said.
“There’s been $5.5 trillion added to the national debt in 3-1/2 years by this president. There just isn’t the money for this. At some point (and it’s sooner rather than later) there will be a collapse,” he added.
This article was posted: Tuesday, September 11, 2012 at 2:40 am