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It's Official: Obama's Job Stimulus Program Failed


               
2011 Apr 19, 9:16am   2,424 views  6 comments

by RayAmerica   follow (0)  

The House Ways & Means have determined that the Obama/Democrat Job Stimulus Program is a dismal failure. I’ve been saying for years that Keynesian Economics is one huge fraud that has been proven in the past to be a failure. So much so, that at one, time John Maynard Keynes was viewed as a complete crackpot by the vast majority of economists world-wide. FDR brought the old failed philosophy back to life with the New Deal, which turned out to be the Raw Deal that we continue to suffer under today.

Read the story on Obama’s failed Keynesian program as reported by the San Francisco Examiner:

http://www.sfexaminer.com/opinion/editorials/2011/01/it-s-official-obama-s-job-stimulus-program-failed

#politics

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1   tatupu70   @   2011 Apr 19, 10:01am  

You do understand the difference between an editorial and a story, right? You linked to an editorial...

2   RayAmerica   @   2011 Apr 19, 10:09am  

Are you saying the editorial writers are lying when they cite the House Ways & Means findings?

3   tatupu70   @   2011 Apr 19, 11:14am  

RayAmerica says

Are you saying the editorial writers are lying when they cite the House Ways & Means findings?

No, I'm saying it's important for you to understand the difference between a story and an editorial.

4   MarkInSF   @   2011 Apr 19, 12:16pm  

It’s Official: On Unemployment and Jobs, Democrats’ 2009 Stimulus Was a Huge Failure.

How the Democrats’ 2009 Stimulus Resulted in Fewer Paychecks, More Unemployment Checks

http://waysandmeans.house.gov/UploadedFiles/Stimulus_Final_Report_Jan_2011_final.pdf

Yeah, that's a really objective piece of work. Not a political stunt AT ALL.

I love the new OFFICIAL new "Obama Misery Index", which includes as it's central component the % change debt held by the public since Jan 2009. I know I for one consider that the primary factor in how much misery the country is enduring.

5   HousingWatcher   @   2011 Apr 19, 12:53pm  

Well, if the REPUBLICAN controlled House & Ways Means COmmitte says Obama's stimulus failed, then it failed. Never mind the Congressional Budget Office report that said it created 3 million jobs.

6   elliemae   @   2011 Apr 19, 2:54pm  

yawn.

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