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The Folly of “Stimulation”
Rasmussen Reports ^ | 10-15-10 | Howard Rich

Posted on 10/15/2010 4:02:39 PM PDT by bigbob

Soros neglects to point out that Obama’s “stimulus” didn’t fund either consumption or investment – it was a handout to public sector unions and foreign “green corporations” coupled with a one-year extension of salaries and benefits to public sector employees. It didn’t build dams, bridges or utilities – it created a mountain of new debt while perpetuating the same culture of entitlement that has Europe poised to plunge off of a fiscal cliff.

(Excerpt) Read more at rasmussenreports.com ...


TOPICS: Business/Economy; Government
KEYWORDS: howardrich; porkulus; rich; stimulation
The above excerpt says everything that need to be said about the Porkulus in one paragraph. This is a good commentary - read it all at the link.
1 posted on 10/15/2010 4:02:42 PM PDT by bigbob
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To: bigbob

It is all self stimulation on the part of the ersatz economists in the government and it will make the economy go blind.


2 posted on 10/15/2010 4:09:57 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: bigbob
Photobucket
3 posted on 10/15/2010 4:12:38 PM PDT by Candor7 (Obama . fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: arthurus
It is all self stimulation on the part of the ersatz economists in the government and it will make the economy go blind.

Vote for Christine O'Donnell. She is against self-stimulation.

4 posted on 10/15/2010 4:51:15 PM PDT by sportutegrl
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To: bigbob

Stimulus - a Dim slush fund used to (attempt to) buy votes.


5 posted on 10/15/2010 5:03:19 PM PDT by HangThemHigh (Entropy's not what it used to be.)
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