Posted on 02/06/2009 1:41:32 PM PST by quesney
President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.
(Excerpt) Read more at washingtontimes.com ...
Meanwhile, in other news...
1) Standard & Poor's reaffirms Palin's Alaska perfect AA+ credit rating and salutes its exceptionally "prudent" and "strong financial management, with very significant financial reserves and generally conservative forecasting."
http://www.ratingsdirect.com.
2) Palin has proposed cutting Alaska's state budget by 7%
http://www.freerepublic.com/focus/f-news/2150296/posts
3) Palin has refused a $25,000 proposed pay hike recommended by an independent panel.
http://www.freerepublic.com/focus/f-news/2150981/posts
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Oh yeah, she pronounces nuclear, nuke-u-lar. That's funny. Right.
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Palin '12. Accept no RINO substitutes...or Harvard graduates.
Thank god I live in Alaska and that I am spared from being a liberal.
And it’s not going to do jack in the “short-run.” The ‘RATS have said that.
Well, that is the essence of Keynesianism: "In the long run we are all dead." -- John Maynard Keynes.
P.S. The "stimulus" doesn't exactly help in the short run either.
Woo hoo!! Keep the pressure on!! Defeat Porkulus!!
Just can’t be when their Liberal God decrees that it be so.
No surprise:
Just click on your state and town to see where the patronage socialist pork is supposed to go.
SURPRISE SURPRISE!
Heed the CBO, Barry, or they’ll never let up.
“CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing.”
Of course, then the democrats will be able to claim they got us out of the Bush recession and the post-Obama republican candidate go us back into another recession so we need to re-elect a democrat to save the country. Politics is a merry-go-round.
2) minimize Corporate taxes, so that companies can survive and hire
3) Minimize pesonal income tax, chuck out the current IRS Law, and bring in a flat rate tax.
America is ALL TIED UP!
TURN US FREEKIN LOOSE!
Who cares? This will build his popularity now as The Savior, and by the time 2011 rolls around he will have found a way to extend the positive effects until election 2012. Or he will have positioned the Republicans to take the fall for the failure so he can get re-elected.
Dingbat Obambi (Pelosi) think that growing the government with dead end jobs that produce NOTHING was going to work.... NOT
Taxes collected back from these idiotic make-work jobs would do nothing productive to fix the economy.
Part of the solution is to CUT taxes -- income and corporate... And, get rid of the taxes on ALL vices like cigs. And, get the illegal aliens and their offspring the hell of the USA teat.
These are the 10 Leading Economic Indicators from The Conference Board:
1. Average number of initial applications for unemployment insurance 2. Number of manufacturers’ new orders for consumer goods and materials 3. Speed of delivery of new merchandise to vendors from suppliers 4. Amount of new orders for capital goods unrelated to defense 5. Amount of new building permits for residential buildings 6. The S&P 500 stock index 7. Inflation-adjusted money supply (M2) 8. Spread between long and short interest rates (the yield curve) 9. Consumer sentiment 10. Average weekly hours worked by manufacturing workers
Any stimulus package and/or Government practices that don’t drive these items in 2009 won’t lead us out of the recession in 2009.
Time to break the chains and bring out pitchforks!
I didn’t think Palin could become any more attractive, yet she just did via your post. :)
I just clicked on my state and it looks like all of the towns within a Dems district is getting a bunch of stuff. Towns represented by Republicans are not even on the list.
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