More ‘Stimulus’ from President Obama
President Obama has spent two and a half years increasing federal spending, growing government, and punishing businesses with burdensome regulations
By Heritage Foundation Mike Brownfield—— Bio and Archives--September 9, 2011
American Politics, News | Comments | Back To Full Article
By most accounts, President Obama’s $800 billion “stimulus” bill that was passed in February 2009 with the promise of keeping unemployment below 8 percent was an absolute failure. However, last night in a speech to a joint session of Congress, the President demanded that it spend another $450 billion on more of the same “stimulus” that has left America with zero job growth and continued economic stagnation. But don’t worry. His top economic adviser Gene Sperling told NBC that this one would likely get us down to 8 percent.
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