President Barack Obama is offering financial tips to kids, even though he has racked up $5 trillion in new debt and has put every American $16,000 deeper in debt since January 2009.
Arkansas Republican Rep. Tim Griffin is using the #MAYG hashtag to ridicule the 20-point list of financial tips at moneyasyougrow.org.
“It is a light-hearted way of reminding people about the president’s record,” Griffin told The Daily Caller.
“#1 thing @BarackObama doesn’t want your kids taught: their share of the national debt ($50K),” he tweeted.
Another piece of advice on the list prompted this message from Griffin, “#3 You may have to wait b4 you can buy something you want. (But govt ignores affordability every day.)”
Advice item number 20 spurred another taunt. “Consider 2 factors before investing: risks & expenses,” to which Griffin added “(Unless taxpayer money & #Solyndra are involved.) #ObamaEconomics #MAYG.”
The incongruity of the advice is highlighted by Obama’s decision to ignore the financial advice about the nation’s overspending that was provided by top-level Simpson-Bowles panel, Griffin said. The panel, formally titled “The National Commission on Fiscal Responsibility and Reform,” issued its report December 2010.
via Obama’s financial advice site for kids yields GOP jibes | The Daily Caller.
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