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Uploaded by on Jul 26, 2009

Still waiting for Obamanomics to kick in.

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News & Politics

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Standard YouTube License

  • likes, 5 dislikes

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Uploader Comments (MrNeroBurns)

  • Two years later.......I'm still waiting.

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This video is a response to The Obama Stimulus: Predictions vs. Reality
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  • President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office stated in a letter Feb 4th 2009. CBOs basic assumption is that, in the long run, each dollar of additional debt crowds out about a third of a dollars worth of private domestic capital, CBO said in its letter. It’s now 2011 and so far the CBOs prediction is proving all to true. Thanks Mr. President.

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