Trivia Tidbit of the Day: Part 618 — The Failure of Obama’s Stimulus.
July 24th, 2009
Trivia Tidbit of the Day: Part 618 — The Failure of Obama’s Stimulus.: “
Jobs Still Being Lost-
This graph has been bouncing around out there, but it is a profound political lesson: lower expectations whenever you can, and never set yourself for this sort of failure:
Not 100% of this spike is Obama’s fault, but I think it is becoming crystal clear that his stimulus plan was a massive failure. It did not create wealth, only redistributed it and paid for it with debt. It crowded out free enterprise and made people more dependent on government. Not a good plan for jump-starting the economy.
Previous Trivia Tidbit: Conservatives Not Fading Away.
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(Via WILLisms.com.)