Guided by Stillwater

Raise awareness. Call to action.

Fuzzy Wuzzy, pt. 2


June 14th post: Fuzzy Wuzzy Wasn’t Fuzzy, Was He?

If only 5% of the $780,000,000,000 stimulus has been spent (of the 5% there’s no telling how much of that is actually stimulating the economy), why are there rumors of a SECOND stimulus?

Now, Obama supporters like COLIN POWELL, are becoming skeptical about all of the spending. Gee, I wonder why.

In honor of the federal government’s poor math skills, I’m watching Good Will Hunting tonight.

UPDATE, 7/7: Power of Stimulus Slow to Take Hold

“But they reported that only about $100 billion has so far been spent and that as increasingly large sums flow out of Washington, the program is on pace to save or create 600,000 jobs over the next 100 days.”

“Leading economists agree that the most powerful effects of the stimulus package have yet to be felt. But even if the measure lives up to Obama’s expectations, it would barely offset the 433,000 jobs the nation lost last month alone, and the resulting employment would represent a drop in the bucket compared with the 6.5 million jobs lost since the recession began in December 2007.”

(Also, I didn’t watch Good Will Hunting last night. I watched National Treasure.)


July 6, 2009 - Posted by | Economy, Politics

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