Stimulus NOT Stimulating

Even though the Messiah can't bring himself to admit it, he was dead wrong on the economy and now it's starting to show.
Instead of admitting that they made a mistake the new spin out of the Obama Administration is "we didn't misread anything, we had incomplete information." That almost sounds like "I tried marijuana, but I didn't inhale." Sure Mr President, we believe you.
Apparently the Vice President is the only one in the Administration that has the guts to admit that they screwed up. He actually came out and said "everyone guessed wrong...we misread the economy." I'm sure Obama will have a "talk" with him when he gets back to The White House for that one.
However, the cracks in this house of cards are starting to show and the foundation is starting to tremble.
Unemployment is nearing 10%.
Jobs are continuing to be lost (about a half million a month)
The stock market is in neutral.
Foreclosures continue at record levels.
The residential housing market is dead and now the commercial real estate market is slumping as well.
So when exactly is the "stimulus" supposed to start working?
Apparently, it's not going to. By their own admission, the Obama Administration is now saying that the first stimulus was NOT ENOUGH. We need more they say. We need another stimulus.
Another stimulus? Why?
If it's not working then why would you try the same thing AGAIN? Not only that but WHO is going to lend us the money this time around? We can't pay for the last stimulus?
I know it might sound like an episode of the Twilight Zone folks but this is where we are in this country today.
In the meantime, Europe is embracing conservatism and cutting taxes.
Folks, I wish this was a joke. I really do. Some nightmare that we will all wake up from at some point. Unfortunately, it's far too real and the idiots that we have running our government don't have any idea what they are doing.
It's my belief that they are employing the "spaghetti" method in Congress these days. If they throw something up against the wall and it sticks, it's good!
While the Obama Administration and our Congress of Fools debates another stimulus and borrowing more money to mortgage our children's future, it would appear that the American People are finally starting to wake up.
In the Washington Post today: Barely half of Americans are now confident that President Obama's $787 billion stimulus measure will boost the economy, and the rapid rise in optimism about the state of the nation that followed the 2008 election has abated, according to a new Washington Post-ABC News poll. Overall, 52 percent now say the stimulus package has succeeded or will succeed in restoring the economy, compared with 59 percent two months ago. The falloff in confidence has been sharpest in the hard-hit Midwest, where fewer than half now see the government spending as succeeding.
The falloff since April cuts across partisan lines. Confidence in the package's effectiveness has dropped from 81 percent to 73 percent among Democrats and from 32 percent to 26 percent among Republicans. Among independents, it has dropped from 56 percent to 50 percent. What was once a clearly positive assessment of the program among independents (56 to 39 percent) is now an almost even split (50 to 47 percent).
There are other polls that have similar findings but since this is the one that the media often touts I thought I would use it as well.
With this kind of return on our investment from the stimulus bill, I'll bet you can't wait until they start "fixing" healthcare.
Signpost up ahead reads.....well you know.

Propagandist in Chief

Uh oh, someone's in trouble!!! First the surprise tax issues that embarassed and ultimatley sunk some of Obama's Cabinet Nominees and now this! I'm telling you heads will roll when this hits the cable networks.

We just watched The President of the United States get up in front of millions of people and tell a boldface lie! That's right, I called him a liar. How many times did he say "this is the worst economic period in American history, since the Great Depression." I knew it was a sham when he was saying it during the campaign but I am somewhat surprised that he is still using that phrase. Those are indeed the talking points because everyone in the media is using them. There's only one problem....it ain't true!!

According to records "The 1970s were perhaps the worst decade of Western and certainly of American economic performance since the Great Depression. " (source Wikipedia or until someone realizes it and takes it down). Now if I could find this by doing a little bit of research I'm sure The Obama Administration with it's vast resources could do the same. If they didn't then shame on them and that makes me a little nervous to say the least. If they did then they know what they are putting out is false information and they are doing it anyway. Hmmmmmm......

Again, "By the time of 1980, when U.S. President Jimmy Carter was running for re-election against Ronald Reagan, the misery index (the sum of the unemployment rate and the inflation rate) had reached an all-time high of 21.98%. "(Wikipedia) Again, the facts don't bear out Mr Obama's argument. According to the Bureau of Labor Statistics the current National Unemployment Rate is: 7.6% as of January 2009. The average inflation rate, according to InflationData.com, for 2008 was 3.85%. So as you can see we are nowhere near the numbers that were present in the 1970's.

However, none of this matters. Obama and the Dems are counting on the fact that the average American won't take the time to do the research to figure this out. Instead they will let the media and their own press releases shape the debate and strike fear into the American people. That way they can ramrod all the government spending and growth they want down your throat and when they are done you'll ask for more.

Ask yourself this question: If they are willing to be less than truthful about this what else are they planning to lie to us about? Hope, change, new direction? Elections have consequences.