Yup, look up who Wall Street poured money to in the 2008 elections. The bailouts you are protesting against were political payback by a corrupt product of the Chicago democrat political machine.
Let us set the Way Back Machine to 1962, when a democrat President presented his plan to create jobs and economic spur growth.
That’s right, dear readers, President Kennedy called for across the board tax cuts and tax reform in order to create jobs, grow the economy, and increase federal revenue.
Perhaps the majority of those who have opposed our Dear Leader since he first appeared on the national scene are right, he is dangerously incompetent, and is completely lacking in any private sector experience.
Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today’s Congress cannot bind a later one for future spending. A future Congress could simply reverse it.
THE FACTS: It’s hard to see how the program would not raise the deficit over the next year or two because most of the envisioned spending cuts and tax increases are designed to come later rather than now, when they could jeopardize the fragile recovery.
THE FACTS: Not all of the president’s major proposals are likely to yield quick job growth if adopted. One is to set up a national infrastructure bank to raise private capital for roads, rail, bridges, airports and waterways. Even supporters of such a bank doubt it could have much impact on jobs in the next two years because it takes time to set up.
Bottom line, our Dear Leader asked for more of his failed policies. More and more of the American people, especially registered voters, are seeing the truth behind his rhetoric.
“The stimulus passed in February of 2009 didn’t go to shovel ready projects. Instead it propped up state and local governments that were broke. What didn’t go to governments was spent on projects without any regard for their return on investment. For example, green light bulb research might be a neat concept, but the short term return on investment is 0. You might even believe that green light bulb research will have positive economic effects in the future-but stimulus is designed to help us today so it’s still a stupid way to spend government dollars. Even if you think stimulus can work, it doesn’t because of politics. This phenomena occurs no matter which party is in charge.”
Mr. Carter goes on to present a simple, proven method used by both democrat & Republican Presidents to stimulate economic growth and job creation. A method that won’t be used as long as our Dear Leader is in the White House and Harry Reid and the democrats control the Senate. It goes against their so-called “progressive” policies, which they will blindly cling to regardless of how much damage they cause the country.
“At the height of the Great Depression, [President] Roosevelt avoided such a rating. So did other presidents during troubled times including Nixon, Carter, Reagan, Bush, Clinton, and G.W. Bush. Yet, the news media are more interested with protecting a failed president than with informing American citizens about a troubling economic situation.”
“Blame the Tea Party? Geez, no wonder Kerry did so well in an election. If it wasn’t for the Tea Party, they would have passed the debt ceiling thumbs up, we would have been rated BBB.”
If she means that the democrats have turned the economy around by wedging it even further in the ditch he and the congressional democrats have wedged into with their Keynesian policies, then ya, she could be inhabiting the shared reality of rational adults, but I really don’t think that is the case.
Let’s review a couple of recent indicators of just how the American economy is doing.
There is also the decrease in demand for manufactured goods, the recent downgrades in the GDP for the past year, and rising inflation.
If you want to spot check this, drive around your local town and see how many empty store fronts and office buildings there are. Are there more or less than there were a year ago? Unless you live in Texas, the answer is probably more.