Biggest Frenzy of “Stimulus” Spending Just in Time for Fall Elections
In her Washington Examiner piece yesterday on the visit of Vice President Joe Biden to the daily White House press briefing, Julie Mason notes that the former six-term Delaware Senator was sharing “with us the details of ‘Recovery Summer,’ which will usher in the biggest frenzy of stimulus spending to date.”
Recovery Summer? Biggest frenzy of stimulus spending to date?
So they’re saving it all for the summer before the mid-term elections in order to goose the economy in time for the mid-term elections? Kind of like trying to use federal dollars to limit Democratic losses?
And despite all this infusion of federal cash into the economy, jobless claims are still rising.
Maybe Obama and his Democrats should have tried to bribe the private sector instead of siphoning the better part of the the funds to state governments so they wouldn’t have to make hard choices, cutting spending and reducing benefits to public employees (who join unions which help fund the Democratic Party).
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If it didn’t work last year, it won’t work this year. They’re so stupid. They don’t see the root of the problem with the so-called “recovery”, which is… themselves. (Obama’s anti-business policies. Including his growing government like a cancer.)
Comment by ILoveCapitalism — June 18, 2010 @ 9:56 am - June 18, 2010
Let me guess, it will be spent (like the first third of the Spendulus) to prop up the bloated, overcompensated public employee unions… the most loyal source of Democrat votes and campaign contributions.
Comment by V the K — June 18, 2010 @ 10:03 am - June 18, 2010
Makes sense. Central planners decide winners and losers, who prospers and who doesn’t. How many times did the Walter Mitty President say when he was selling the $787 stimulus bill that we were in the worst financial crisis since the Great Depression so it was absolutely criticial that it be passed immediately. But they wtihheld spending the money until it would boost the economy most right before the elections?
Isn’t it a special form of evilness to make so many people suffer without jobs for nearly two years until it’s politically expendient to spend the stimulus money? These are bad people.
Comment by Scott — June 18, 2010 @ 11:53 am - June 18, 2010
As if we didn’t already know this was a bad idea, here’s a Harvard study which shows it might just backfire.
Comment by Kurt — June 18, 2010 @ 2:18 pm - June 18, 2010
So our young President today was in Ohio (10.9% unemployment rate) touting jobs, underneath a sign about his $850 Billion pork bill. He claimed the job he was at put 300 folks to work. this in a state with higher unemployment than the national average. Even Obama’s stage craft minions look like boobs lately.
Day 60…..tic toc.
Comment by Gene in Pennsylvania — June 18, 2010 @ 3:36 pm - June 18, 2010
Oh the feds, stopped what few skimmers Obama has in the gulf today, all of them, to ensure they had fire extinguishers and life vests.
Jindal went ballistic.
Comment by Gene in Pennsylvania — June 18, 2010 @ 3:37 pm - June 18, 2010
No way the Coast Guard could have boarded the skimmers and left any needed fire extinguishers and life jackets with them so they could continue their work. Nope. That is not how a headless, thoughtless, meaningless bureaucracy works. Their job is to keep trying to shove a chain uphill.
Comment by heliotrope — June 18, 2010 @ 3:43 pm - June 18, 2010
Greenspan Speaks:
Fascinating. So, let’s see. The U.S. must inevitably either cut entitlement programs drastically, or return to 1970s-style inflation (or worse). Golly. Which do you think Obama and the Democrats will choose? (Hint: The choice they’ve already made.)
(Emphasis not in Greenspan’s original.) Golly. I think somebody is trying to make some sense and say the right thing… in order to make up for the disastrous housing bubble he caused with his 1% interest rates.
Comment by ILoveCapitalism — June 18, 2010 @ 3:55 pm - June 18, 2010
The level of cynicism here amazes me. The idea that Obama and his allies in Congress are anything other than honorable human beings with nothing but the interests of our nation and its citizens at heart is a terrible thing the believe.
Gotta run – time for my medication.
Comment by SoCalRobert — June 18, 2010 @ 5:58 pm - June 18, 2010
oops – “the believe” should be “to believe”.
Comment by SoCalRobert — June 18, 2010 @ 5:59 pm - June 18, 2010
Obamas 10 minute photo op in Ohio today…..
cost almost a million dollars.
http://www.cbsnews.com/8301-503544_162-20008201-503544.html
And the beat goes on…..
And Obamas new “spill recovery chief” will only work part time. Yep part time. The rest of the time he will be at his main job, Sec of the Navy….the other part of the time. Wonder if the Marines know this?
Boobs, bunglers and dolts. Liberal Democrats.
http://abcnews.go.com/Business/wireStory?id=10949857
Comment by Gene in Pennsylvania — June 18, 2010 @ 7:57 pm - June 18, 2010
Gene – what’s the problem? Obama is a part-time president.
I heard someone say that Obama heard GOLF of Mexico, not GULF.
Comment by SoCalRobert — June 18, 2010 @ 9:32 pm - June 18, 2010
As was predicted last year.
Comment by ThatGayConservative — June 19, 2010 @ 11:43 am - June 19, 2010
The boob Biden said his administration has SAVED OR CREATED 2.3-2.5 million jobs.
Even that dopey statistic is bazaar. It has a margin of error of 20%!!
Comment by Gene in Pennsylvania — June 19, 2010 @ 5:40 pm - June 19, 2010
ooops 2.3-2.8
Comment by Gene in Pennsylvania — June 19, 2010 @ 5:40 pm - June 19, 2010
No.
A different $25 or $50 billion is supposed to be for the unionized police, fire and teachers.
But I did see an interesting new area for spending our tax dollars today:
Muslim businessmen in America who are ”forced” by capitalism to sell things they disapprove of will be getting our tax dollars so they can sell only the items OK inside their religion!
Yup.
Muslims who own liquor stores will be subsidized as they quit liquor and start selling veggies.
Muslims who own little corner markets will be able to phase out big sellers like pork rinds because WE will keep them profitable with handouts!
How do you like that!?
Why should they have to go out of business just because they refuse to deliver what their community demands?
Comment by Nan G — June 20, 2010 @ 3:05 am - June 20, 2010
[...] Gay Patriot informs us of the coming frenzy of stimulus spending. You know, that legislation that was supposed to really have been about saving the economy last year [...]
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