Reply With QuoteIt hasn't stimulated? Remove $787,000,000,000 from the economic cycles and see what happens.
What Stimulus?
http://www.weeklystandard.com/articl...us_644424.html
. . .
"Of course, when your two biggest legislative achievements are a hugely unpopular 2,700-page health care overhaul that most Americans want to see repealed (if the Supreme Court doesn’t strike it down first) and a $787,000,000,000 economic “stimulus” that didn’t stimulate much of anything besides the national debt (which has risen from $9.8 trillion at this point in 2008 to $15.7 trillion today), perhaps silence is golden.
But it’s not only in formal speeches that the Obama administration is steering clear of publicizing the stimulus. It has now been five months since the administration last put out a report card on the so-called American Recovery and Reinvestment Act (ARRA—aka the “stimulus”), which the act itself requires the administration to do. In fact, the administration is now three economic quarters behind schedule in chronicling the effects of Obama’s second-most prominent piece of legislation—again, in defiance of the very law it’s supposed to be reviewing. (Those who live to impose regulations on others aren’t always as eager to obey regulations themselves.)
Why hesitate to release these reports? The answer, as you may have guessed, is that there’s not much to brag about."
It hasn't stimulated? Remove $787,000,000,000 from the economic cycles and see what happens.
What, you mean put it back in the pocket of the taxpayer?Originally Posted by Mackie
It's debt. It was never in your pocket.
What you pay via the federal debt service is the rescue of the banking system.
It's coming out of somebody's pocket at some point. And if there were much to show for it why isn't the administration shouting it from the rooftops instead of hoping it will just go away?
Its coming out of the pocket of future generations..!!!!!
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