Canada, Puerto Rico: Cut Spending and Taxes



Pittsburgh, Pennsylvania – July 18 –

Here are two good examples of responsible leadership. They didn’t get that way with huge increases in the debt limit and additional taxes.

Luis Fortuno  has cut spending in Puerto Rico. 17,000 public workers have been laid off. Government programs and procedures have been simplified, and some government functions have been privatized.

Canada had a large debt and spending problem. They’re in good shape now.

This information was on “Money Hole” by John Stossel on Fox News on Sunday July 17, 2011.

President Obama could or should have this information available to him. I doubt that it would change his behavior from what he has committed himself to most of his life. If you agree with President Obama’s ideas; fine. I don’t.