Monday, February 16, 2009

Obama's victory on the stimulus package

But was it a Victory? And if it was so urgent that this bill be passed without anyone getting a chance to read it… why is Chairman Zero taking yet another weekend vacation and not signing the horrible bill until Tuesday of next week? Huh?
Why is it that stimulus has never worked, and tax/spending cutting has always worked, and our fearless leaders still keep coming back to stimulus?
That's an easy question.
Economic theory says that stimulus works while cutting spending cannot work, while there's no coherent economic theory that claims the other way.
And economic data shows that stimulus works while cutting spending deepens recessions.
That's why.
Watching the democrats congratulate each other for passing this spending package, I was reminded of their glee after they passed the first TARP.
They obviously haven't learned much.
Obama may never really get it right given the bunch dumb people he has to rely on

11 comments:

  1. If theory says it works, it must be true. Obviously. I mean, when has a theory ever been wrong? I'm sorry, but running out country based on theories isn't really going to cut it. We are screwed beyond belief.

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  2. Love the image RevRight.

    I've been chasing the terrorists,the Liberals, the America-haters and I'm tired. I know, we cannot get tired now. We must be stronger than ever. But I see things happening that will change this country forever, and not for good.

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  3. Oops, forgot I was on Blogger, that last comment was me:

    Debbie Hamilton
    Right Truth

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  4. thanks for the comment at WHT..come more ofen and keep up the fight dude!!:)

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  5. this is one big economic mess we're in, no doubt about that.

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  6. This clown hasn't been in office a month and already he's driving the country like a mud seeking missile. It's like Jimmy Carter on steroids.

    We are so screwed.

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  7. Please, please, just one term. 52, please have mercy on 46.

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  8. Barack walked into a really bad situation. He is almost in a Cath 22 situation with every area of politics. The cool thing is is that Barack seems calm and composed about it all. If he is worried about this country's situation he doesn't show it at all.

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  9. Calm and composed? If you say so, CG. I'm starting to see a little bit of the deer-in- the-headlights look there myself.

    (I guess the fact that every time Obama makes a speech he uses "crisis" over and over again is just a rhetorical device?)

    ;^D

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  10. He looks calm and composed because after three weeks in office he's taken two vacations.

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