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Tuesday, June 21, 2011

Should we now be discussing the 'Obama depression'?

Last summer (of 2010) Obama Administration officials took to the road to tout the 'summer of recovery.' Joe Biden claimed that by the end of last summer the economy would be booming again, complete with millions of new jobs, all the result of Barack Obama's so-called 'stimulus package.' Biden went further to state that over $600 billion in tax funds had been spent.
Not only was Biden and his colleagues wrong but they were so dead wrong that had they been employed in the private sector they would have been booted out the door with a force so strong that surgical intervention would have been necessary to remove the boot from the bottom sector of the torso.
The economy has only worsened....

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