Friday, June 12, 2009

How long is this Bush's fault?

Pres. Obama told us that his porkulus package needed to be passed ASAP to avoid another great depression. The members of congress didn’t even have time to read the entire spending bill before they had to vote on it. “In pushing to get his $787 billion stimulus package passed in Congress, President Obama's economic team said that without the federal spending jolt, the unemployment rate would hit 8.8 percent by the last fiscal quarter of 2010. With the package, his advisers argued, the unemployment rate would reach only 7 percent.”

Well, we now have unemployment numbers at 9.4 percent and if, from what I’ve heard, figured as past unemployment numbers have been, we are easily into double digits.

So I ask, what good did the stimulus package do? Ok wait…it saved around 150,000 jobs so far. How can you measure that? We’ve lost around 1.8 million since Obama took office. At what point do we begin to cite Obama’s policies as taking us down further? When is this no longer a problem the previous administration had left him?

So far I have not seen any benefit besides a whopping $16.00 in my paychecks! We spent all this money to bail out the auto companies because they were too big to fail. Now their filling for bankruptcy…what happened to our money?

When will (or have) the American people woken up to what’s going on? Is it just the media that is on Obama’s side still?

I know that’s a lot of questions, but for my first post in a couple weeks, that’s what’s going through my head!

1 comment:

  1. Obama is worse than Bart Simpson when it comes to "I didn't do it".

    ReplyDelete