Monday, July 13, 2009

Stim-U-Late-ing


The stim-u-less is working as intended, the stim-u-less is working as intended.

The President and his posse are mouthing those words because if you say something loud enough and long enough it must be true, right O.J.?

Obama said if it weren't for the stimulus “state deficits would be nearly twice as large as they are now...".

However big that may be, right Big Lug Nut?

Obama also bragged that his stim-u-less has delivered tax relief.

A whopping $13 dollars per week, if you're lucky and the scientific community is united in that fact.

The President, with that you will respect my authoritah look, says we need to be patient and that the stimulus was not designed to work in four months.

Really?

When he unveiled his plan it was supposed to revitalize the economy in the short-term.

"...We can't wait for the next president to act. We need that middle-class tax cut now more than ever - not five months from now or five weeks from now, but now. I'm announcing a plan to jumpstart the economy by putting money in the pockets of those who need it most and will spend it quickly."

When he signed the stim-u-less into law, in February, his advisor David Axelrod said the stimulus would have an immediate impact on the economy.

Paul Krugman, 2008 Nobel Prize winner in economics, said "...the stimulus started working before it began."

They're not the only ones speaking out of both sides of their ass.

Larry Summers, director of the White House’s National Economic Council, said last month...the economy has improved this year.

The economy is in a very different place than it was three months ago. There’s been a lot of normalization.”

Less than a month later, “I don’t think the worst is over ... It’s very likely that more jobs will be lost. It would not be surprising if GDP has not yet reached its low...".


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