Posted on 10/08/2010 4:57:37 AM PDT by Suvroc10
Nancy Pelosi says that food stamps and unemployment insurance will grow the US economy and lift it from the recession that Barack Obama has helped to worsen. Pelosi, that genius and all-around brilliant analyst of the US economy and everything financial, spoke Wednesday in an overly defensive response to Newt Gingrich’s right-on-the-mark salvo against Pelosi and her Democrat Party. In recent comments, Gingrich correctly advised Republicans to make a contrast between Democrats who promote food stamps as their economic policy, and Republicans who actually promote the useful concept called paychecks to grow the prosperity of Americans. Confusingly, Pelosi reacted to Gingrich’s assertion by actually admitting that, yes, Democrats are indeed the party of food stamps (okay, and unemployment for everyone, too)!
(Excerpt) Read more at examiner.com ...
Then she should name the names of these economists. The “spectrum” runs from Fabian Socialist to Marxist moron.
This must be part of the “Trickle Up Economy” concept.
Dem Keynesians are told that for every dollar they borrow and spend, we get at least $1.50 in new GDP, which amounts to a certain amount of jobs.......
That’s why they will always keep insisting that the stimulus worked and the economy would have been worse by that much GDP and jobs if they hadn’t borrowed and spent the economy...
Which ignores WHY the economy started sliding and contracting in the first place......there’s fiscal policy, monetary policy, and regulatory policy.......
There was really NOTHING wrong with fiscal policy before the recession, ‘cept tax on profits was too high and tax on short term cap-gains was too low......
Meanwhile, government social spending does NOT “grow” the economy.....it might keep it from shrinking a little now by borrowing some growth from the future.....plus it’s the humane thing to do...
We also have a President who didn't know that cap gains tax dereases had actually increased revenues throughout modern history. This was revealed in a Charlie Gibson interview with the brilliant one prior to his being elected.
We're in deep doo-doo people.
I didn’t think you could get dumber than brain dead.
(MA)Welfare card can be swiped for booze, slots
http://www.bostonherald.com/news/regional/view/20101008welfare_card_can_be_swiped_for_booze_slots/srvc=home&position=0
Nancy Pelosi is a nerd, if the people of California votes her in again, they deserve the poverty they will get.
Are there no statesmen available - that believe in America and want to do the RIGHT thing?
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