Posted on 12/05/2009 6:18:44 PM PST by guyshomenet
When Obama’s economic experts (if I may abuse the phrase) said last spring that His stimulus plan was targeted, I saw it for what it was – political payoff to election supporters, people who suckle on Uncle Sam’s sagging nipples (if that mental image did not horrify you to the point of setting your PC on fire, then you may be strong enough to stand the rest of this missive).
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While the U.S. economy dumped 11,000 non-farm jobs, 7,000 of those people became wards of the state (i.e., your non-resident and non-tax deductable dependants). This does not bode well for the economy going forward.
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Worrying is warranted. Economies are amazingly complex. Cost-to-coast and border-to-border economic revival requires more than a faux preacher in the White House chautauqua tent. Because we are all economically interconnected ...
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The good news is that unemployed people understand that government workers got the gold mine (you know what you got). Some will conclude Obama is incompetent (he is) on matters of economics. Others will surmise he is corrupt (he is) by using tax money to bribe governments and their workers. Others will concluded ...
(Excerpt) Read more at guysmith.org ...
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