Obama's Financial Advice Site for Kids Yeilds GOP Jibes

News Article

By:  Tim Griffin
Date: May 24, 2012
Location: Unknown

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.

Read more: http://dailycaller.com/2012/05/24/obamas-financial-advice-site-for-kids-yields-gop-jibes/#ixzz1wHVKDJYu

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