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These guys are amazing. They got the press sec on howling how nobody can argue with this secret plan because it's all paid for. Of course they won't say how that will come later on down the road. I guess you gotta pass it before you find out what's in it like San Fran Nan howled about during the healthcare rape of America.
Thank the Lord the pregame show will be on ESPN so I don't have to be lectured by the orator on how we all gotta have skin in the game and put aside bi partisan issues or whatever other lies and bs he decides to throw around yet again. Prepare to tingle swooners your orator is back in action tonight.
Just a month ago the government nearly defaults because they insist on spending over our debt limit.
Our credit rating is reduced because no one can foresee how we can pay our bills, or how we can pay the interest on what we are borrowing.
Even president Obama admits spending is out of control, and talks about $4trillion in spending cuts.
Now, just a month later, he wants to add another $400 billion in defecit spending? Is he deliberately out to destroy this country? Or simply incompetant?
Well yesterday it was 300 billion today it jumps to 400 billion. By the time the "big speech" is on it may well be a trillion.
I've wondered what kind of person would continue to do this over and over again and have come to the conclusion it's intentional. Destroy the economy, inflate the dollar to nothing and get on board with the IMF to create a one world currency. At least we won't have to fight wars for dollar supremecy anymore but the US will cease to exist as we once knew it. We will be expected to support the entire world and instead of unions and banks bleeding the country to nothing the whole world will.
The plan will be presented in bill form next week to Congress. Again doing the job for Congress. The Bill will be scored by the CBO, who will evaluate whether it paid for or not. But it doesn't really matter, if it creates jobs, the Repubs will stop it.
So now Obama writes his own bills too? LOL. The plan was most likely written by trumka.
AS for the CBO they can only evaluate it by the numbers given to them. When reality hits we always see the CBO changing things over and over again due to that little reality bug. Again Obama can tell the CBO cuts in 2018 will pay for it or whatever down the road nonsense they put up. They will say well it's paid for. Is it in reality? Of course not. Just spending more of our kids and grandkids money. I guess you don't mind stealing from children. Obama sure doesn't.
Spendulus I added $800 billion to the defecit, and increased unemployment from about 6% to our current level of over 9%. What do you think, will this bring it up another 3%? Will it drive a further drop in our credit rating, and continue to drive inflation and increase interest rates? The only motivation I see is it gives Obama another blank check to reward his political doners.
Spendulus I added $800 billion to the defecit, and increased unemployment from about 6% to our current level of over 9%. What do you think, will this bring it up another 3%? Will it drive a further drop in our credit rating, and continue to drive inflation and increase interest rates? The only motivation I see is it gives Obama another blank check to reward his political doners.
Err, it took UE from a high of 10.2% to 9.1%. But hey, hang on the talking points they seem to comfort some.
Here are some of those revised numbers by the CBO I was referring to now that you bring up the cost of the stimulus...........
"Congress‘ chief scorekeeper has again raised the cost estimate of President Obama’s two-year-old economic-stimulus program, calculating it will end up costing taxpayers $821 billion — or $34 billion more than originally projected."
The CBO in action.......
"Estimates for the actual cost of the stimulus have changed dramatically, rising from the initial $787 billion price tag to reach $862 billion, then falling to $814 billion and now ticking back up to $821 billion."
This is a good example for folks who tout the CBO origional numbers put out as concrete.
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