Rush: Economy Will Collapse If Obama Re-Elected
‘It’s gonna be ugly. It’s gonna be gut-wrenching, but it will happen’
Published: 15 hours ago
PALM BEACH, Fla. – Radio giant Rush Limbaugh is predicting a disaster scenario for America if Barack Obama is re-elected, saying the national economy will definitely collapse.
“We’re doomed,” Limbaugh said this afternoon on his top-rated talk show.
“If Obama’s re-elected, it will happen. There’s no IF about this. And it’s gonna be ugly. It’s gonna be gut-wrenching, but it will happen. The country’s economy is going to collapse if Obama is re-elected. I don’t know how long: a year and a half, two years, three years.”
Limbaugh is expecting California to go belly up first, setting off a chain of financial calamities.
“California is going to declare bankruptcy and you know what Obama will do? He’ll go to states like Texas or Arizona, Florida to bail them out. That’s what he’ll do, and that’s gonna precipitate this stuff. California is showing where we’re headed in every which way,” Limbaugh said.
“This can’t go on, folks. We’re on an unsustainable course,” he continued. “You simply can’t pay people who aren’t working. You just can’t. You cannot pay them anything, much less full-fledged incomes, lifetime health care and lifetime pensions. You can’t do it. Even if you wanted to, even if that was your definition of fairness and equality, you can’t do it. The money isn’t there.“And you might be shouting, ‘Don’t these people know it?’ You have to keep in mind who these people are. These are people who don’t like the way this country was founded in the first place, who think it’s about time some of us found out what it’s like to live in the rest of the world because of what we’ve done to the rest of the world.”
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