[dfwgator]

The stimulus only delayed the inevitable, and will make the inevitable collapse all that much worse.

[going hot]

"Here it comes.."

Jim Morrison--When The Music's Over.

[lurk]

The stimulus kept the market from experiencing reality. Here comes reality with a big stick in its hand.

Step one, humble yourself in the sight of the Lord.

[Hoodat]

Now one of its only reliable sources of fuel is running out: federal stimulus spending.

One need only read to sentence two to find the false premise upon which this argument is based. Federal spending actually decreases GDP by twenty cents on the dollar. The so-called 'stimulus' bill has resulted in a $160 billion reduction in GDP.

If this government really wants to stimulate economic growth, they should do three things:

1. Return certainty to the markets. All this talk of raising capital gains taxes, carbon taxes, fuel taxes, electricity rates will only discourage investment. Permanently ditch the carbon tax, and announce for the next five years that corporate taxes and capital gains taxes will be eliminated, and watch the investment dollars roll in.
2. Shut down Fannie Mae and Freddy Mac. The mortgage industry should remain in the hands of the private sector, and should not face an unfair competititor with a bottomless wallet.
3. Reduce federal spending to 19% of GDP. The only way to stop the bleeding is to stop bleeding.

[The Magical Mischief Tour]

Hoooey!

Were in a recovery, Obambi told me so...

[FlingWingFlyer]

...Socialist governments traditionally do make a financial mess. They always run out of other people's money. - Margaret Thatcher

[Liberty Valance]

Think it’s bad now? ... wait till they raise taxes next year.
Recession ... meet depression.

[purplelobster]

We’re on the precipice. Barry’s only previous experience prior to his present position was working on the Board of a Foundation, working closely with Domestic Terrorist Bill Ayers, where they distrubuted wads of cash to dubious organizations. Barry only knows how to throw money at a problem, but has never had to produce results. So, we’ve spent a trillion dollars to fund an army of clipboard carriers in low paying government temp jobs. No grand public works projects have been constructed, no training for long term self-sufficiency, just some temporary paychecks for the few lucky enough to land the gigs. Barry has no Plan B other than to throw another trillion at the problem.

[GeronL]

They can’t be serious. What a stupid writer.

[dila813]

If they don’t cut taxes at the same time they stop spending, its going to be a disaster.

Obama still is looking for his big tax increase next year, he is counting on it.

[Lancey Howard]

(( ping ))

Check this out! It rivals your own work:

Funds flowing from the $787-billion legislation passed last year have helped create hundreds of thousands of jobs and propped up social programs such as unemployment benefits. But with much of that money spent and lawmakers reluctant to approve another big round of spending, concerns are rising about what will replace it in the short term to keep the economy moving.

[Dixie Yooper]

Funds flowing from the $787-billion legislation passed last year have helped create hundreds of thousands of jobs

Funds flowing from the $787-billion legislation passed last year have helped create or save hundreds of thousands of jobs...(fixed it)

[calex59]

have helped create hundreds of thousands of jobs

Lying bas*****.