Administration economists cited .....Kenyasian .......models
We KNEW the stimulus wouldn’t work BEFORE they passed it!
I am NO economist. I’m not even a businessman, but I KNOW that the ‘stimulus’ was nothing more than a PAYBACK to the many organizations that helped democrats get their power back.
Who REALLY thought the ‘stimulus’ bill actually would ‘stimulate’ ANYTHING?!? -maybe liberal appetites...but that’s all...
Conservatives have wisely quit spending money and are saving every cent they can for the future inflation that is sure to come as the dollar continues to collapse.
Until the msm recognizes this economic fact of life, they will continue to be puzzled by the failure of BO’s outrageous Porkulus Bill.
The only ‘shovel-ready’ jobs were the myriad pseudo-jobs available for the asking, for those who were ready to shovel the massive piles of bullsh*t that were being produced by this White House on a daily basis.
Did everyone look at the chart very very carefully?
The exact peak, the exact highest point in the chart measuring “personal consumption expenditures” is the exact time when Obama was NOMINATED for President by the DNC.
People who had a brain and who had a job could see it coming ———
and acted accordingly.
Gee, what a big surprise!!!
Americans fleeing from a O Communist future administration; hiding thier assts, shutting down, stopping thier spending their borrowing, their consuming.
THAT’S the cause of this “recession”; it didn’t just happen in a void, for no reson, it happened and is happening and will continue to happen as long as Obama remains in office.
No missile shield, no F-22 fighters for us or our allies -——— sure way to increase confidence in consumers and citizens in their future.
No mystery at all.
Just everyone too gutless to say it out loud.
Oh please Mr. Obama don’t taze me, don’t put me in with the other 25,000,000 Americans in your concentration camps that your SDS and Weather Underground buddies so desired to make in the 70s!!!!!!!!!
I promise to be a good little slave, a good little sheeple.
Not.
Here: see for yourself !!!
http://www.youtube.com/watch?v=_9peonVh26A
http://www.youtube.com/watch?v=6GrCHctYyWA
It didn’t work because it was never intended to work. Its purpose was to reward those who voted for the Marxist Messiah, not to stimulate the economy.
While I have to admit that reading this article took me back to my undergrad days as an economics major (and made my hair hurt), they make a most persuasive case. I hope other more colorful writers and commentators will pick up on this. It is a story that needs to be told.
The Bush tax cuts brought the economy back from the brink after 9/11. People quicky forget not only the attacks on our people and freedom, but also the devastation on our economy.
President zero is illiterate in more than just economics. We have elected a person who has NO real knowledge or understanding of civics, economics, history, or leadership.
Being incapable of leadership is why he has enlisted so many so-called czars to help him govern while he himself is off to photo-ops and presenting a happy face for his move to change the country.
I am amazed that Keynesian theory is debunked time after time and the left continues to swear by it each time it fails. Little Robert Reich among them, who proudly wears the Keynesian badge of failure.
The economy must be truly awful for people to have to wear filthy, worn-out rags like this. Riding the rails takes a terrible toll on clothes. I wish this young man could find his way to a shelter and get some new clothing so he doesn't freeze to death in the coming winter.
This article is RACIST
