Sunday, October 17, 2010

OBAMA AND THE DEMOCRATS WILL LOSE - AND DESERVE TO LOSE - BECAUSE THE SO-CALLED "STIMULUS" BILL WAS A FAILURE BY ALL MEASURES

OBAMA AND THE DEMOCRATS DESERVE TO BE THROWN OUT OF OFFICE BECAUSE OBAMANOMICS WAS A TOTAL FAILURE.

1 - IT WAS HUGE AND ADDED TO OUR NATIONAL DEBT AND PASSED ON A VIRTUAL PARTY-LINE VOTE.
  • MODERATES AND INDEPENDENTS HATE THAT.
2 - IT WAS HUGE AND ADDED TO OUR NATIONAL DEBT AND MEMBERS DIDN'T EVEN READ WHAT WAS IN IT.
  • INDEPENDENTS AND EVERYONE RIGHT-OF-CENTER HATRED THAT.
3 - IT WAS HUGE AND ADDED TO OUR NATIONAL DEBT, BUT REQUIRED UNSAVORY ARM-TWISTING AND VOTE-BUYING OF DEMOCRATS IN ORDER TO BE PASSED.
  • MODERATES AND INDEPENDENTS HATE THAT.
4- IT FAILED TO HELP THE ECONOMY: UNEMPLOYMENT IS HIGH, PERSONAL SPENDING AND BUSINESS INVESTMENT ARE LOW, AND THE DEFICITS ARE GROWING.

HERE'S THE LIBERAL DEFENSE OF OBAMANOMICS FROM THE NEW YORKER'S JAMES SUROWEICKI:
... by any reasonable measure, the $800-billion stimulus package that Congress passed in the winter of 2009 was a clear, if limited, success.

The Congressional Budget Office estimates that it reduced unemployment by somewhere between 0.8 and 1.7 per cent in recent months. Economists at various Wall Street houses suggest that it boosted G.D.P. by more than two per cent.

And a recent study by Mark Zandi and Alan Blinder, economists from, respectively, Moody’s and Princeton, argues that, in the absence of the stimulus, unemployment would have risen above eleven per cent and that G.D.P. would have been almost half a trillion dollars lower.
(SUROWEICKI GOES ON TO ADMIT/EXPLAIN THAT THE STIMULUS IS MERELY A POLITICAL FAILURE, BUT BLAMES GOP PROPAGANDA, AND A DUMB ELECTORATE.)

ER, UM... REGULAR FOLKS LIKE ME READ THIS KIND OF LIBERAL DEFENSE OF OBAMANOMICS AND SAY "BULLSHIT; IT WAS A FAILURE!!!" WHY!? SIMPLE:
  • THE FEDS PUT US INTO $800 BILLION MORE DEBT TO SPEND ON THINGS THEY WANTED, AND PERHAPS INCREASED THE GDP BY ONLY $400 BILLION - AND LIBERALS WANT TO CALL THAT A STIMULUS!? ER, UM... THERE'S NO MULTIPLIER THERE FOLKS; IT'S AS NET LOSS - ESPECIALLY WHEN YOU CONSIDER THAT THEY SPENT IT ON POLITICAL PORK.
  • OBAMA PROMISED IT WOULD KEEP UNEMPLOYMENT BELOW 8.9%, BUT IT DID NOT.
  • OBAMA HAS NOW PUBLICLY ADMITTED THAT THERE IS NO SUCH THING AS A "SHOVEL READY" PROJECT - WHICH MEANS HE KNEW IT WOULDN'T WORK BETTER THAN IT HAS AND THEREFORE ADMITS HE IS A LIAR.
IF THE FEDERAL GOVERNMENT HAD INSTEAD JUST GIVEN ALL WORKING AMERICANS A PAYROLL TAX HOLIDAY FOR 2 YEARS IT WOULD HAVE STIMULATED THE ECONOMY MORE.

AND WE WOULD EACH HAVE SPENT OUR HARD-EARNED MONEY THE WAY WE WANTED TO - A BONUS WHICH WOULD HAVE LIFTED THE SPIRIT OF EACH OF US AND THE ENTIRE NATION.

INSTEAD, 70% OF US ARE PISSED OFF AND SCARED, AND WE'RE GONNA VOTE AGAINST THE DEMOCRATS.
  • WE SAY NO TO MORE 2000 PAGE UN-READ BILLS.
  • WE SAY NO TO ANYMORE PORK OR EARMARKS.
  • WE SAY NO TO MORE GOVERNMENT GROWTH WITH ECONOMIC SHRINKAGE.
  • WE SAY NO MORE DEMOCRAT CONTROLLED CONGRESS.

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