Monday, July 20, 2009

Obama's stimulus plan is not working

President Barack Obama's plan to attack the recession through massive deficit spending is not producing the results the president promised in February when he convinced the American people to go deep into hock in the name of creating jobs and boosting economic growth.

Obama is well into spending the $787 million approved by Congress for his stimulus programs, and yet the unemployment rate is still climbing and economic recovery remains elusive...

[It was never about economic recovery {tax cuts and regulatory liberalization bring that}. It was and remains about expanding government power - how else to explain it?]

READ MORE

No comments: