Thursday, June 18, 2009

Stimulous Spending: Obama's first failure?

Stimulous Spending - Obama's first failure?
Let’s cut to the chase! The unemployment rate is expected to hit double digits when June’s unemployment figures come out later this month. Didn’t Obama represent to the American people that spending the billions in stimulus money would keep unemployment from exceeding 8% and if we don’t spend it, unemployment will reach 9%? Was double digit unemployment even in the formula? Wasn’t the stimulus money supposed to save or create 2 million jobs? How at this point could Obama prove that actually happened? HE CAN’T, IT HASN’T AND IT WON’T! That’s the bottom line. New unemployment claims still exceed 600,000 every single week. It hasn’t dropped at all since all these billions were injected into the economy so where are all the saved jobs?

I remember the experts saying that Obama has only one chance to get this right and if the stimulus package doesn’t work we have no options for plan B because we simply won’t have the money to try anything else. Obama is spinning every statistic he can right now to make it sound like things are getting better and the stimulus is starting to work. The rhetoric has begun but logically thinking people are starting to see that there are really no signs that any of this is working and that nothing Obama is doing is actually making a significant difference or turning this counties economic wow’s around. Most indications seem to point to a devastating failure on Obama’s part.

Billions spent, billions more on the docket yet be spend and no measurable signs of economic recovery. When is it time for the American people start demanding more fiscal responsibility from Obama and the democratic party before it’s too late and China owns this country lock, stock and barrel?

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Thursday, April 30, 2009

First 100 Days - Was Obama the right choice?


First 100 days in office and on to the next 100 days. Now that we have taken this new president for a test drive, was Obama the right choice or did America get it wrong? The reports are many feel Obama is doing a great job and others are feeling a little buyer's remorse.

The big issues out there with most with an opinion seem to be first, for every dollar in debt the country was in a year ago is now three dollars and rising. Many feel Capitalism could be a thing of the past in America and the government will soon be the majority share holders in our nation's banks and car manufactures.

Obama supporters say he is only dealing with the cards that was dealt him and given more time all will be right with the world. Unfortunately, there is no rewind to yesterday and tomorrow is a new day. There is no reset button if the decisions made today hurt the country tomorrow. Will Obama get it right going forward? Only time will tell.

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