Showing posts with label second stimulus. Show all posts
Showing posts with label second stimulus. Show all posts

Wednesday, July 8, 2009

Another Stimulus?

So the white house admits that they had their collective heads up their asses when it came to the economy. Didn't know it was that bad, and didn't write the stimulus package right. So now they're saying, since we screwed this first stimulus package up so royally, we'd like a do over.

So they want us to let them try again and see if they do better this time. Problem is that the first stimulus has only had 10% of it's stimulus money spent. So if they pass another one, will THAT one get money into the economy now? Doubt it. After making an $800 billion dollar mistake we should just give them another try?

Maybe, just maybe, they should have taken the time to actually READ the first one. That might have helped. But they had to do it right now and get that money into the system. Uh huh. So here we are 4 months later, and 10% of that money that had to be spent so quickly that we couldn't read how, has actually been spent.

Of course they also claim the stimulus is working, even though unemployment is at 9.5% now and their green shoots have withered and died. But still they claim it would be worse without that stimulus. Of course there is no proof, no evidence, and no way to prove this.

Another stimulus package is the height of stupidity. But then again, isn't stupidity what Washington does best?