Snake Oil Stimulus Package

Obama is as phoney as a snake oil salesman. Only 12 cents or less, of every dollar in this Bill will help the economy, the rest is all "porK", which Obama vowed to cut out of all bills. He claimed three weeks ago, that "only Government" can help or economy, but now he says, Government can only do so much, be in the end it's up to the American people.

Category:

Nonprofits & Activism

Tags:

• Snake
• Oil
• Stimulus
• Package
• Obama
• bailout

[FreedomInAmerica]

3/3

The simple reason government spending fails to end recessions is that Congress does not have a vault of money waiting to be distributed. Every dollar Congress “injects” into the economy must first be taxed or borrowed out of the economy. No new income, and therefore no new demand, is created. They are merely redistributed from one group of people to another. Congress cannot create new purchasing power out of thin air.

[FreedomInAmerica]

2/3

This is no longer a theoretical exercise. The idea that increased deficit spending can cure recessions has been tested, and it has failed. If growing the economy were as simple as expanding government spending and deficits, then Italy, France, and Germany would be the global economic kings. And there would be no reason to stop at $787 billion: Congress could guarantee unlimited prosperity by endlessly borrowing and spending trillions of dollars.

[FreedomInAmerica]

1 /3

nrd.nationalreview com/article/?q=MTViNmZiZmQ4NmM­xM2Y5NmEzNWIwYWRmNmNhMWJlY2I=

$787 billion (actually $862 B) “stimulus” a flop. In a January report, White House economists predicted the bill would create (not merely save) 3.3 million jobs. Since then, 2.8 million jobs have been lost, pushing unemployment toward 10 percent.

[Trimixtech]

10 star page right here folks!!

[Trimixtech]

OBUMMER

The thug socialist lover,

Who hates the capitalist ways.

He's trying to take over the global

maneuver to destroy the US of A

[bowflexor]

LMAO

[bowflexor]

ACORN got 7 billion dollars.

[biped19]

He is a fascist. Socialism is simply a form of egalitarianism.

[thepearlheart]

we the moron american people= give us condoms and abortions so we wont reproduce. Kill our offspring and generations. Genocide for the poor....

[onecelticwarrior]

Arrogant,narcissistic,incompen­t asshole.