Tag Archive for Stimulus

Um, That Stimulus Thing IS Working!

From CNN/Money we have this story about the GDP report out just in time to scare the crap out of the Teabaggers and GOP naysayers for Halloween. Economy finally back in gear Government says GDP grew 3.5% in third quarter, ending a year-long string of declines and coming in better than forecasts. NEW YORK (CNNMoney.com)…

The Stimulus is Working

For all those naysayers who said the economic stimulus program wasn’t working, well, Labor Day weekend carried this Wall Street Journal article. From the story: “The U.S. economy is beginning to show signs of improvement, with many economists asserting the worst is past and data pointing to stronger-than-expected growth. On Tuesday, data showed manufacturing grew…

In a New York Minute…Everything Can Change

With apologies to Don Henley, the dynamics of the 2010 US Senate election campaigns have changed in a New York Minute for State Rep. Chuck DeVore. DeVore now has a primary to worry about in his Quixotic bid to replace Senator Barbara Boxer.  Former HP CEO Carly Fiorina has taken steps to declare her candidacy…

Krugman: Big Government May Have Averted Great Depression II

Nobel prize winning economist, Princeton University professor and NY Times columnist Paul Krugman has a column in the New York Times that says while things are still pretty tough out there for the economy, the Obama aministration’s big government policies may have averted the nation (and the world) from falling into a financial abyss akin…

Hey, Ed, Let’s Talk

From Ed Royce via email blast: Royce Opposes Democrats Unstimulating Stimulus  Today, Rep. Ed Royce (R-CA) opposed the Democrat Leadership’s unstimulating stimulus package. The $789 billion legislation, loaded with wasteful spending, passed the House 246 to 183. Okay, Ed, and you voted how on all of the Iraq funding bills?  What’s that again, I didn’t…

What Is Michael Steele Smoking?

This morning as I was finishing my breakfast glass of milk, I could barely contain it when I saw a video clip of Michael Steele, newly minted chair of the RNC, say something like the jobs being created by the economic stimulus package aren’t real jobs. It took a while today, but I’ve finally located…

Was the New Deal a Failure?

“Obama is re-running the FDR’s attempt to spend our way out of economic downturn. It failed then, and it will fail now. “ – Matt Cunningam, in a comment posted last week on the LiberalOC.com I always have to give credit to people like Matt Cunningham and assemblyman Chuck DeVore; their claims of facts on…