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Secret Obama memo wanted the $800 billion stimulus to be--gasp--$1.8 trillion
http://www.courageinamerica.com/2012/02/secret-obama-memo-wanted-800-billion.html ^

Posted on 02/22/2012 4:33:09 PM PST by chessplayer

It could have been bigger. Much, much bigger.

Back in late 2008, soon-to-be Obama White House economic adviser Christina Romer prepared a policy memo—the contents a mystery until now—about how the new administration should deal with the collapsing economy. Romer thought to really do the job, the stimulus—later called the American Recovery and Reinvestment Act—should have been $1.8 trillion

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


TOPICS: News/Current Events
KEYWORDS: christinaromer; sourcetitlenoturl; stimulus

1 posted on 02/22/2012 4:33:15 PM PST by chessplayer
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To: chessplayer

Why not just make it $3.8 trillion and then he can just rule by decree.


2 posted on 02/22/2012 4:36:30 PM PST by marron
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To: chessplayer

Why not just make it $3.8 trillion and then he can just rule by decree.


3 posted on 02/22/2012 4:36:36 PM PST by marron
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To: chessplayer

Going to turn out that Obama will use this as a way to show he was fiscally conservative and the real story would go down the memory hole.


4 posted on 02/22/2012 4:37:30 PM PST by EQAndyBuzz (Most Conservative in the Primary, the Republican Nominee in the General.)
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To: chessplayer

ho-lee krap!!!!!!!!!!!!!!!

And they USED THE STIMULUS AMOUNT IN THE BASELINE

so we have had a $1.4 trillion simulus EVERY YEAR ever since

this is why they have not done a budget in 3 years.


5 posted on 02/22/2012 4:39:04 PM PST by Mr. K (Were the Soviet-Era propogandists as gleefully willing as our Lame-stream Media?)
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To: chessplayer

I know my dog will not vote for Romney, but I will vote for anyone, anyone who runs against 0.

My dog keeps reminding that even Hitler was nice to dogs.


6 posted on 02/22/2012 4:39:09 PM PST by hadaclueonce (scrap copper is more than $3.00 a pound. wind generators are full of copper)
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To: chessplayer

ho-lee krap!!!!!!!!!!!!!!!

And they USED THE STIMULUS AMOUNT IN THE BASELINE

so we have had a $1.4 trillion simulus EVERY YEAR ever since

this is why they have not done a budget in 3 years.


7 posted on 02/22/2012 4:40:29 PM PST by Mr. K (Were the Soviet-Era propogandists as gleefully willing as our Lame-stream Media?)
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To: chessplayer

In government accounting, this represents a “savings” of $Trillion dollars. So he still has money to spend.


8 posted on 02/22/2012 4:41:52 PM PST by RFEngineer
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To: chessplayer

He’ll do anything to destroy America.


9 posted on 02/22/2012 4:49:15 PM PST by bgill (Romney & Obama are both ineligible. A non-NBC GOP prez shuts down all ?s on Obama's admin)
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To: RFEngineer

Yup. Libs can use this and say “see how fiscally conservative he is?”


10 posted on 02/22/2012 4:51:34 PM PST by chessplayer
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks chessplayer. “Who Wants To Be A Millionnaire” ping.


11 posted on 02/22/2012 4:57:25 PM PST by SunkenCiv (FReep this FReepathon!)
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To: Mr. K

Maximizing spending was the purpose of aggregating all the spending, including the stimulus and the war. But who budgets to fight a war every year?


12 posted on 02/22/2012 5:10:01 PM PST by Sgt_Schultze (A half-truth is a complete lie)
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To: marron

Make it $300 trillion and make everyone a millionaire.
Problem solved.


13 posted on 02/22/2012 5:37:17 PM PST by tractorman (I never miss a chance to tweak a liberal.)
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To: tractorman
Make it $300 trillion and make everyone a millionaire.

"Look Ma! Obama made us rich!"

14 posted on 02/22/2012 6:36:46 PM PST by Clock King (Ellisworth Toohey was right: My head's gonna explode.)
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To: Clock King
Sad but true.
Saw it in Turkmenistan.
15 posted on 02/22/2012 6:45:59 PM PST by tractorman (I never miss a chance to tweak a liberal.)
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To: marron

I’ll see your paltry $3.8 trillion and raise you another $1 trillion. After all, w e MUST get serious about jump-starting the economy.


16 posted on 02/22/2012 8:13:37 PM PST by ProtectOurFreedom
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