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Obama stimulus plan halted economic freefall: White House
Reuters ^ | February 16,2010 | Ross Colvin

Posted on 04/15/2020 5:23:16 PM PDT by mdittmar

The report, signed by Vice President Joe Biden who oversees how stimulus money is spent, stressed the depth of the crisis confronting Obama when he took office 13 months ago, as the President constantly reminds Americans in his speeches.

But it also highlighted Obama’s challenge of trying to cut a 9.7 percent jobless rate that has fueled voter discontent.

The report said the package of stimulus spending and tax cuts “clearly halted an economic freefall.” Obama will get the document at his economic intelligence briefing on Wednesday and he will speak about the economy to mark the anniversary of his signing of the American Recovery and Reinvestment Act at 10.25 a.m. (1525 GMT).

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Chit/Chat; Education; History
KEYWORDS:
Wonder how much those signs costed;)
1 posted on 04/15/2020 5:23:16 PM PDT by mdittmar
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To: mdittmar

shovel ready!


2 posted on 04/15/2020 5:29:23 PM PDT by Kirkwood (Zombie Hunter)
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To: Kirkwood

And pelosi bitches about a name on a check;)


3 posted on 04/15/2020 5:31:11 PM PDT by mdittmar
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To: mdittmar

Bahahahahahah! Stop it, you’re killing me.


4 posted on 04/15/2020 5:33:40 PM PDT by Huskrrrr
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To: mdittmar

Porkulus s uttled the recovery.


5 posted on 04/15/2020 5:41:01 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: mdittmar

Obama stimulus plan halted economic freefall: White House.

Almost certain 100% Bullshit and lies...as usual.


6 posted on 04/15/2020 5:41:04 PM PDT by GoldenPup
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To: mdittmar

What the media did not report about the Obama “recovery” was that a significant reduction in the unemployment numbers was not because people found jobs, but was due to people dropping out of the workforce and living on government handouts.

Obama simultaneously claimed economic victory pointing at the unemployment numbers AND reveled in the fact that his food stamp programs were running at their highest levels ever. Naturally, the media never called him on it.


7 posted on 04/15/2020 5:43:13 PM PDT by the_Watchman
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To: the_Watchman

Also, hussein changed the definition of a job to include part time jobs.


8 posted on 04/15/2020 5:44:35 PM PDT by shelterguy
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To: the_Watchman

I was just going to post that very fact. That is what is so miraculous about the Trump economy is the number of people in the workforce. Not the false low ER of Obozo where millions dropped out of the work force.


9 posted on 04/15/2020 5:45:04 PM PDT by Cold War Veteran - Submarines
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To: mdittmar

Yeah, especially with those “shovel-ready jobs” that never existed.


10 posted on 04/15/2020 6:01:44 PM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne)
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To: mdittmar

80% of it went to Libya


11 posted on 04/15/2020 6:02:27 PM PDT by vigilante2 (Make liberals cry again)
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To: mdittmar

Cash for klunkers or Solyndra anyone?


12 posted on 04/15/2020 6:29:59 PM PDT by Bullish (Covfefe Happens)
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To: mdittmar

If I recall, I actually shot one of those signs. Extremely satisfying.


13 posted on 04/15/2020 6:35:56 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox

Use to drive by them and think,What a crock of S&*t! !


14 posted on 04/15/2020 6:40:37 PM PDT by mdittmar
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To: mdittmar

If I recall correctly 7/10ths of the Stimulus program “disappeared” and was not able to be accounted for. Since from this article Biden was in charge of the money, it is a clue.


15 posted on 04/15/2020 7:09:18 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Kirkwood

“shovel ready!”

The DNC was shovel ready until the Messiah stole the stimulus $$ and got it re-routed to the DNC coffers via unions!


16 posted on 04/15/2020 9:34:21 PM PDT by Rembrandt (-a sure sign a Dem is lying - his lips are moving.)
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To: mdittmar

17 posted on 04/15/2020 10:43:18 PM PDT by clearcarbon
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