Wallonia is often compared to Flanders. For a long time now, Wallonia has had lower levels of GDP per capita and income per capita than Flanders and enjoyed weaker growth. These trends.
the debt commission was a report i m sure he read. said it s a mortal danger to the country. you don t have to make a theoretical proposition out of this. look across the atlantic at the meltdown of the entire social democratic experiment in europe, which is the the perfect example of the entitlement state athens is in flames. this is what happens when you pile on debt. what does he do in this budget? he adds another $1.3 trillion, four years in a row. this is a man who will have added $5 trillion to the debt in one term. bill: okay. but he says he has to do it because of the economy and that there was no other way out. we would have been in a great depression if he didn t do it. and he also says that by this massive spending that down the road, down the road, the economy will rise so high and the
revenue from the tax because he s going to tax you and me and the rich guys, all right? and all the debt will come down to a very manageable position and that s what he is telling the folks. down the road? in the sunny uplands of the future, down the road. and the first two years of his presidency, he says we can t cut anything. we have to spend like crazy because the economy is in bad shape and there is high unemployment. now he said, in fact, he said it yesterday in the speech he gave, the economy is strengthening, unemployment is improving so now we can t cut, we have to keep spending. he will always say that we need to keep spend ago. bill: why, though? reporter: because the project of the liberal idea is to infantilize the population with all kinds of benefits. the conservative idea is the safety net for those who can t
the debt commission was a report i m sure he read. said it s a mortal danger to the country. you don t have to make a theoretical proposition out of this. look across the atlantic at the meltdown of the entire social democratic experiment in europe, which is the the perfect example of the entitlement state athens is in flames. this is what happens when you pile on debt. what does he do in this budget? he adds another $1.3 trillion, four years in a row. this is a man who will have added $5 trillion to the debt in one term. bill: okay. but he says he has to do it because of the economy and that there was no other way out. we would have been in a great depression if he didn t do it. and he also says that by this massive spending that down the road, down the road, the economy will rise so high and the revenue from the tax because
an amazing business story, a 19-year-old florida girl with no help markets herself onto the cover of sports illustrated. caution, you are about to enter the no-swin zone. the o reilly factor begins right now. i m bill o reilly. thanks for watching us. issue we a welfare nation now? that s the subject of our talking points memo. as we reported last night, president obama s new budget is financially outrageous, adding $1.3 trillion in new spending and doesn t cut very much anywhere. it is obvious the president not very concerned about the debt. doesn t seem to think it s a big deal. but it is. if you want more facts, i direct tout wall street journal lead editorial today. bottom line, he is spending far more than any other president ever has. and tax revenues now because the economy remains shaky.