They already answered that this week at the convention, to wit: The middle class is losing ground, they need a tax cut, we’re spending too much in Iraq, the nation needs universal health care because they are 47-million Americans without health insurance, etc., etc...
It doesn’t matter if the economy is still growing : All the wrong people are benefiting from it!
Power To The People!!!!!
Sound familiar? You bet.
“That is, the U.S. economy is rebounding like crazy.”
That is what in sales is called a Big Fat Claim (BFC). Very effective if you back it up. Worse than useless if you don’t.
The author apparently has not been paying attention to the actual statistics.
The stimulus caused a bump. That’s it. And it is yesterdays news.
Isn't it Obama, not McCain, who's calling for a second stimulus package?
Another thing I read attributed the surge to increased exports - which of course have NOTHING to do with the stimulus checks.
How Will Liberals Play It??
They have already claimed responsibility for it. If you paid attention both Obama and Pelosi have called for a second stimulus package. Pelosi wants a $50 billion package that includes an additional and extrended rebate check pushed through before November to help Obama. Stimulus checks are bad for this nation, they create an expectation of entitlement. I remember being in a business I worked with when the very First Rebate Checks were passed out years ago. I had well over 50 or 60 employees during financial planning seminars complain about never recieving their checks. Turned out they never paid any actual taxes. This year they all received checks and now they will forever expect the hand-outs to continue.
Good - next quarter we can borrow another couple hundred billion from China and send out some more checks. ;)