Also from the referenced report: "Armed with cash from government support programs, consumers led the rebound in the third quarter, snapping up cars and homes."
Even the AP and msnbc saw fit to put a dose of reality into the report. What happens when OPM (other people's money) runs out and the government props are gone?
Only fiscal responsibility will bring real recovery, not artifical programs that require more spending.
Last edited by Bayou Magic; 10-29-2009 at 04:07 PM.
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Bayou Magic's Blue Lu Barker "Jazz" (Knucklehead Puppy)
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"Never let the fear of striking out get in your way." -- George Herman Ruth
The government is here to save us, right?
I feel better already....
Hope all you libs are ready for the MASSIVE tax increase that's coming FOR EVERYONE!!!!!!!!!!!!!!!
Top 2% my @$$ regards,
I keep my PM box full. Use email to contact me: email@example.com.
With the exception of the period of six months following 9/11, the last time less than 40% of the people believed we were heading in the wrong direction was when Clinton was President.
Pheeew! I almost thought Obama was flushing the currency down the toilet and killing the job market, but now that you remind me that nobody liked Bush I realize that everything Obama is doing is good and I'm just worrying over nothing.
Thank goodness! When will we wake up regards,
Bad Motor Scooter SH
He that tooteth not his own horn...The same shall not be tooted.
There could be 5 or 6 ninjas in this room right now.
Socialist, marxist or facist, not a dimes worth of difference among the three except in a political science textbook. I want to live under none of them. Unfortunately osama has other ideas.
WASHINGTON - More than 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the White House said Friday, saying it is on track to reach the president's goal of 3.5 million jobs by the end of next year.
New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were not scheduled to be released publicly until Friday afternoon. But White House economic adviser Jared Bernstein says officials have been told the figures. When adding in jobs linked to $288 billion in tax cuts, Bernstein says the stimulus plan has created or saved more than 1 million jobs.
I doubt there is a way to accurately count 'saved' jobs.
Is there a hotline at the White House where business owners can call in and say 'Mr. Obama, thank you. My business was going to shut its doors last week, but thanks to your stimulus plan, we are still open for business! We have 10 employees.'? Then some intern puts 10 more tally marks on the chalkboard?
Montana medical marijuana dispensary
Last edited by ducknwork; 04-21-2011 at 07:24 PM.