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7/13/2009
Failure of the Stimulus...the Buck Does not Stop Here...

As the President and Vice President face the failure of their massive $787 Billion government debt package to stimulate our economy, they’ve started to cook up some excuses.  President Obama is claiming he had “incomplete information” on the topic when he claimed “emergency” and rushed through the bill without full debate. 

Vice President Biden is now claiming… “ we and everyone else misread the economy.”

Everyone else, in fact, did not misread the economy… you just failed to listen when no fewer than 250 noted economists told you to slow down and take a second look (see attached PDF).

Evan Newmark at the Wall Street Journal has a good history of the statements and the voices of reason…

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