Wednesday, July 14, 2010

Spending On "'Stimulus Bill' Signs & Economy

The taxpayers of Ohio have helped pay $1 million in wasteful funds for signs telling them that the "Stimulus Bill" is working. You don't suppose these are also being used as Obama campaign signs - hmmm?

The 'Stimulus Bill' is not working, as many of us predicted. Due to the Obama administration's policies and agenda, it appears that some Democrat members of the House and Senate may be in trouble in November. (See column after video)




Obama enlists Bill Clinton's aid on economy
REUTERS WASHINGTON – U.S. President Barack Obama sought on Wednesday to lift sagging confidence in his economic stewardship by enlisting the help of predecessor Bill Clinton, as a leading business group issued a scathing critique of the administration's policies.

The U.S. Chamber of Commerce, a leading business group, issued a rebuke of Obama's economic agenda, accusing him and his Democrats in Congress of neglecting job creation and hampering growth with burdensome regulatory and tax policies.

Four months before the November congressional elections, Republicans have tried to paint Obama and his Democrats as anti-business. And Obama on Tuesday named former Clinton administration veteran Jack Lew as the White House budget chief to help cut the huge deficit.

With unemployment stubbornly high, polls have reinforced Democrats' fears of big losses in November.

A survey by The Washington Post-ABC News showed 54 percent of Americans disapproved of Obama's leadership on the economy. In a CBS News poll, only 40 percent of Americans said they approved of Obama's handling of the economy.

A report, unveiled by CEA Chairwoman Christina Romer and Vice President Joseph Biden, estimated that Obama's $862 billion economic stimulus package had saved or created roughly 3 million jobs, and was on track to meet its goal of 3.5 million jobs by the end of this year.

Republicans disputed the numbers and said Obama was letting Americans down.

"No amount of Washington spin or fuzzy math can change the fact that the trillion-dollar 'stimulus' is failing by the Obama Administration's own standards," House of Representatives Republican Leader John Boehner said in a statement.

High budget deficits are among the complaints business groups have lodged against the Obama administration. A healthcare overhaul, financial regulatory reform and proposals to cap carbon emissions are cited by some corporate chieftains as examples of regulatory overreach. . . Entire column

Blog author's comments - If you read the above column it is clear that 'Captain Kickass' - having asked for the help of - Bill 'Slick Willie' Clinton, is now concentrating on damage control. If...we can believe the polls, the Democrats may soon be adding to the pool of the unemployed.

There is even talk that the Democrats could lose control of the House and some Senate seats. We can only vote and hope.

To see what the polls are predicting see post of Monday, July 12, 2010 on this blog.

I am surprised the above column did not mention the talking point Obama usually uses:
"This is all the fault of the failed policies of George W. Bush."

Hope to see you at the polls for the mid-term elections this November. If you still believe Obama is leading the country in the correct direction there is no hope for you. Let's do our homework people and vote for the candidates who can begin to turn this country in the right direction.

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