As 467,000 Jobs Lost In June, Abject Failure of Stimulus Becomes Clearer…
When Barack Obama was pushing for his stimulus, anyone who understood basic economic theory knew that the premise for it was fundamentally flawed; you grow the economy by lowering taxes, not by printing more money and increasing government spending. Either way, despite the Stimulus, official unemployment numbers have hit a 26 year high of 9.5%, [...]
Chair of Ways and Means Committee, Charlie Rangel admits “I have NO Clue” what the Stimulus Bill Shall Do…
“I don’t fully understand what the $700 Billion (stimulus) is going to do, I am not saying this is going to work… but at least we all feel as Americans … that we are trying to do something” -Charlie Rangel, Chair Ways and Means Committee Now if such a statement came from a regular person [...]
