Obama: Too much debt could fuel double-dip recession

But you're not helping things, Barack. Monstrous debt and deficits have been strangling the economy for some time and created the conditions that almost led to a depression. And if you want to do something about the economy, stop the outsourcing of our economy to China. We almost become a colony of the Mainland. We are at the mercy of a regime that still calls itself "Communist." You cannot have real economic growth without having industries.

in reference to:

"President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction. His administration was considering ways to accelerate economic growth, with tax measures among the options to give companies incentives to hire, Obama said in the interview with Fox conducted in Beijing during his nine-day trip to Asia."
- UPDATE 1-Obama: Too much debt could fuel double-dip recession | Reuters (view on Google Sidewiki)