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


               
2011 Apr 19, 9:16am   2,425 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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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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