Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Video Proof that Obama's Economic Stimulus Has Worked

Politics / US Politics Nov 01, 2010 - 11:26 AM GMT

By: Mike_Whitney

Politics

For months you've heard GOP blowhards repeat over-and-over again that Obama's stimulus was "a waste of money" and "did nothing". And--all the while--administration wussies have hemmed-and-hawed trying their best to sweep the stimulus under the rug terrified that it would cost them precious votes in the upcoming midterms.


Obama's unwillingness to stand up for the things the most liberals believe in heart-and-soul has cost the Dems the election and could end up dragging the country back into another vicious contraction. All Team Obama needed to do was develop a coherent communications strategy based on the way stimulus touches the lives of ordinary working people---like your friends and neighbors and brother-in-law--all of whom are looking desperately for a fu**ing job! Is that so hard to do? It's called public relations, and it can be used to show how government can help people get back on their feet just as easily as it can be used in smear campaigns like the GOP Swiftboaters.

I challenge anyone to watch this short 2-minute video and say that Obama's stimulus "didn't work". Here's the link:

We need more stimulus because millions of our brothers and sisters are unemployed, frightened and suffering. So, when is Obama going to "man up" and fight for the things that most decent people believe in?

By Mike Whitney

Email: fergiewhitney@msn.com

Mike is a well respected freelance writer living in Washington state, interested in politics and economics from a libertarian perspective.

© 2010 Copyright Mike Whitney - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Mike Whitney Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

brian Thiesen
01 Nov 10, 20:15
Serious Mike?

How many hundreds of times have we seen that millions or hundreds of millions were thrown at creating 10-20 non permanent jobs?

How much of that money went directly to the banks? the ones that are not lending any?

How about we put an ice cream shop on every corner? is that the "PLAN"

Maybe USA can be the worlds largest producer of ice cream... as surely theyh are the largest consumer

Maybe they can produce something besides debt and war.... so in a sense if this is the direction of the country.... Yes the stimulus did work if we are turning to ice cream instead of war


Obamanation
01 Nov 10, 23:33
stimulus waste

Yeah we spend 2.7 trillion dollars and the fake GDP numbers keep falling. The stimulus did so much good and they claim we are out of the recession, but the Fed needs to continue to print more money just to keep the dead patient barely alive. You must be a keynesian fool!


Post Comment

Only logged in users are allowed to post comments. Register/ Log in