Obama’s backpeddling on the intended goal of the stimlus continues

Obama said in The Washington Post that he never envisioned that his stimulus package would afford quick relief to the American economy, but would do so only after it had run its two-year course. Joe Biden the moron vice President has said “they misread the economy”, and has admited at least 30% of the money from the stimulus can be wasted (this on top of the waste of liberal pet projects such as Pelosi’s San Francisco Rodent). This is quite a different tone than before the passage of the stimulus in which “we had to pass this bill NOW to avoid the worst collapse since the Great Depression”. Well since the porkulus bill has passed, his lies have been exposed. With unemployment now at 9.5% and expected to go as high as 11-12% by the end of the year, this completely refutes his claims of no nigher than 8% unemployement if the bill passed. in which it wasn’t supposed to go above 8% with the passage of the bill. He claimed it would “create or save” 600,000 jobs, yet the economy has lost AT LEAST 450,000 jobs every months since the bill’s passage. But as his polls numbers continue to drop, he still has political capital to work with. There is talk of Porkulus 2, and of course the impending passages of the socialized health care bill and Crap and Tax.


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July 15, 2009 · Filed Under Porkulus

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