Making Sense of Stimulus Spending

O'bama had the highest expectations out of any president elected in U.S. History. And of course if he didn't snap his fingers and make all the bad things go away the nut jobs were going to complain. I find it very amusing the Neo-Conservative Party (the GOP in case anyone didn't know) is bashing O'bama so bad, when their ingenious plan was to cut taxes and that's it...of course that would work, cutting taxes solves everything doesn't it?

I'm a bit surprised that the writers of this factcheck.org article didn't include any information from www.recovery.gov, a somewhat transparent website that has been tracking (and I expect will continue to track) stimulus spending in every state. It's a great site, with separate stimulus tracking links to every state. I think if someone were to do the math right now, based on the projects that have just gotten underway or have been given the green light, we'd find that there have already been at least 150,000 + jobs created already. For all of you looking to find everything bad with our new president, I'd suggest you check out the site and see how your money's being spent. I for one am excited about what I'm seeing.

You can put lipstick on a Pig and it's still Bama.

It's criminal to see America destroyed by butcher politicians like Bama and the others on Corruption Hill.

THIS is Reality in America under Bama-Nomics:

Record unemployment, skyrocketing national debt, 18% increase in foreclosures, big increase in bad loans, a Trillion dollar PORK America program, forced auto maker bankruptcies, tent cities and the elimination of thousands of businesses and millions more jobs.

How's that HOPE and CHANGE working out for those who have lost their job, home and life?

We "only" lost 601,000 more U.S. jobs last month... ONLY 601,000 MORE! Wait until Next Month when the lost auto industry jobs start to be counted. We're talking MILLIONS MORE lost U.S. jobs.

In fact the 601,000 is the number of NEW people who filed for unemployment benefits, not the actual number of jobs lost, which is higher.

When enough people have no job, no home and they are hungry, they will understand that Bama-Nomics is killing America.

The SHEEP can talk B.S. all day long but it doesn't reduce the Human Devastation caused by Bama's failed economic policies. Bama and the SHEEP need to get out of DENIAL and into Reality.

There's noting wrong with the Stimulus package except that it's just not big enough to solve the crisis. Still, the economy would be in better shape right now if Obama started to act more forcefully. There's a great article online today by an MSNBC news anchor explaining the steps Obama needs to take RIGHT NOW in order to stop the economy from going off a cliff. Check it out: http://thestimulist.com/the-w-economy-its-here-already/

I keep saying....Bush had until 9/11 to fix all of Clinton's dumb ideas. After 9/11/2009...Obama can no longer blame anyone else and neither can the libs. People sure have short memories because when Clinton was in office, military folks wondered each month if they were going to get paid, national security took a back seat to Bill's extramarital affairs, and everyone hyped up the internet as the greatest thing in the world. Read a few books and you can see why the country started failing economically in the 90's (the world is flat is a great place to start). Then read all of the books written by Jim Collins. And then when you are finished educating yourself with unbiased writers, read the wealth of nations.

The problem is that 5/6 of the population watches the news channels and doesnt think through any of this on their own. If it comes from MSNBC or FOX it must be true. And to the point that noone criticized the previous administration? You really needed to get your head out of the sand. From the minute Bush won the electoral college election, Gore was parading around telling people he "used to be the next president". Lou Dobbs was bashing Bush everyday. Keith Olberman stopped short of issuing death threats to Bush and his cronies.

But keep allowing the general media to brainwash you about no one attacking Bush this way.

9 months to change the country is all a president needs....This president did it in less, but not necessarily in a good way

If anyone has made a grievous error here, and almost everyone has, it is in relying on the assumption that economic theory can reliably predict such matters at all. I say this holding a Masters in Economics and Econometrics (essentially, the statistics of Economics, and we all remember that old adage about lies and statistics). As a practical matter, there are so many variables which apply to the financial markets and to such matters as employment decisions, many being more in tune with psychology than with any real understanding of a coherent economic system, that any projections outside of a stable period of growth, and outside of a short term time frame, are effectively meaningless. Economic theory has yet to identify a coming boom or recessions until it arrives and is in play. In other words, it can only tell us what any astute observer already knew. This is a lesson that neither political party has ever learned because it is, as Al Gore would say regarding other matters, an 'Inconvenient Truth'. There are so many sentient minds applied to their own concerns within our economy, many of them outside of the United States, that a complex soup of game theory is the result. At best, such indicators are valuable as general 'rules of thumb' to planners, but anyone who takes them at face value, does so at their own risk. This is especially true for most of us, the great unwashed masses who exercise no collective economic power at all due to our own lack of understanding and organization. If there is a good thing about the current administration, it is their groundbreaking tactic of having garnered the lion's share of their financial support from small and numerous donors, rendering large check corporations, wealthy individuals and unions far less influential. In that one aspect, perhaps the President has shown us a path out of the current problems. Until our power is more valuable to a candidate than that of the deep pocket interests, whoever they are, and to whichever party they contribute, our interests will not be a priority. Respectfully, Stephen Jackson.

ye gods, what a mess. After finding out that those who held steady and made their mortgage payments on time would be bailing out everyone else including the poor pitiful SOHO -dwelling yuppie/with two kids in a million-dollar flat [ no kidding there. That person was interviewed on June 09,2009 on NPRs ''All Things Considered''],and then finding out that in revenge for Obama letting the po folks racking up plastic debt like sailors on Honolulu liberty ,card companies are now shutting out those who made regular payments, and then finding out that their MEDICARE will be ripped off to pay for younger patients [ Obama Voting Demographic],and then finding out that Government Motors will not fix their transmission warranty problem because the dealership is out of business,everyone will be peddling apples or pencils before the smoke clears ,as they will be no portion of the chimeric ''150,000''.

The word for today:

''FURLOUGH''

How many folks in your town or city have been asked to take work ''furloughs'' as a precursor to being laid off?

President Obama has been in office less than six months but the right wing, left wing, media, including the hypocrite comedian Bill M. and others are attacking him. He is being questioned and second guessed constantly even about those disasters caused by Bush #43 and his administration. Where were all these critics when Bush #43 was in office. For most of the eight years that Bush #43 was in office, his actions were not questioned, even by the media. Had Bush #43 received just half of the scrutiny that is given to Obama, this country would not have entered the useless Iraq war based on liars- " weapons of mass destruction," experiencing an economic meltdown due to deregulation of financial institutions, which has resulted in massive unemployment and people losing their homes.

In the short time that President Obama has been in office, he has done an outstanding job in cleaning up the MESS left by Bush #43 and the Republicans !. Those who are complaining have a short memory who caused this MESS and it was not President Obama.