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In other words, it was not a stimulus bill, it was a bill to get a jump start on his green initiatives, fund his community organizing groups, and make a down payment on his health care program. And since it was never intended to stimulate the economy, he needs to claim what a failure it is was because the economy was worse then he thought, and now he needs a new stimulus plan.
The Progressive Wing saw this coming when he assembled his Domestic Policy team, which was so filled with Supply Siders to make one wonder just who won the election, and reaffirmed why he reached out to (in order):
Corporate Dems.
Republicans.
And then, as an afterthought, the Progressives, of which he campaigned as, and which he was elected as.
I forget which environmental group it was that hung the banner near Lincoln's face on Rushmore, but said banner will serve as an epitaph for Barack's Admin:
"America honors leaders, not politicians"
And Mr. Obama is proving to be the lowest caliber of the latter group.
WASHINGTON - President Barack Obama on Saturday dismissed the idea the nation might need a second stimulus to jolt the economy out of recession and urged Americans to be patient with his economic recovery plan.
He knows that a second stimulus had a snowball's chance in hell of passing. When even the pathetic Harry Reid is questioning the "good sense" of a second stimulus then Barry must have realized his grand scheme was in trouble. Let's hope Barry the Liar stays true to his word and stops spending our money on the "Sedative" Plan.
Conservatives love to rewrite history so they can trumpet their own philosophy. Paul Krugman explains to George Will how FDR got America out of the Depression. Conservatives have been trying to unravel the NewDeal ever since.
Krugman: There was a collapse of the financial system which was not restored for a long time. There was a deep slump in consumer demand and therefore no investment demand so we were stuck in this trap.
I don't think people realize how silly they look when they make such baseless attacks on Obama and Democrats.
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Obama rejects idea of 2nd stimulus
