 Rush Limbaugh |
Talk-radio giant Rush Limbaugh is blasting the so-called economic stimulus plan of President Obama and the Democrat-led Congress, calling it an assault on capitalism intentionally designed to harm the private sector and lead to bigger government.
“This is a full-fledged attack on capitalism, and the leftist Democrats have been seeking this for the longest time,” Limbaugh said on his program this afternoon. “That’s why they can’t stop themselves. It is Christmas morning every day for these people. There’s nobody that can stop them.”
A question e-mailed to the host asked if the Democrats really understood that they’re “destroying the source of the wealth that they want to redistribute.”
Yes!” Limbaugh exclaimed. “These people are not uneducated and stupid. They know full well what they are doing. They are destroying the engine that creates wealth, the private sector, and they are turning it to the government.”
“If people are just left alone, a recession cannot happen in and of itself,” he explained. “The whole point of people engaging in commerce is growth.”
Limbaugh said the economic downturn has not been caused by “the poor schlubs” in charge of banks, but rather “government spending, irresponsible orders from government to banks telling them they had to lend to people who had no business borrowing money.”
“Recessions are caused by intervention, obstruction, you name it. If left alone, economies do not go into recession.”
