Stimulus Three Years Later: Obamanomics Has Failed
- GOT’CHA AMERICA …..I AIN’T DRILLING ……OBAMAS WAY OF TELLING YOU YOUR GONNA BUY THOSE HYBRIDS AND ELECTRIC CARS ONE WAY OR ANOTHER DAMNIT……………. YOU KNUCKLE DRAGGERS (Photo credit: SS&SS)
Three years ago today, President Barack Obama signed into law his trillion-dollar stimulus plan, a measure that he promised would save or create 3 million jobs by the end of 2010 and would prevent unemployment from ever going above 8 percent. And though the President today will likely claim that thanks to his efforts, the U.S. economy is surging, don’t believe him. The verdict is in: Obamanomics has failed.
But you don’t have to take our word for it. Yesterday, the Congressional Budget Office (CBO) released a reportoffering an analysis of the last three years of the Obama economy. In short, the stimulus did not live up to the President’s promises.
via Stimulus Three Years Later: Obamanomics Has Failed.
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