Obama's stimulus had no more to do with growing the economy than it had to do is shovel ready jobs, it was a pork ladle to shore up the Democrat party.
The next time the occasion arises, more pork will be ladled and for the same reason.
Kidding right?
Obama's stimulus had no more to do with growing the economy than it had to do is shovel ready jobs, it was a pork ladle to shore up the Democrat party.
The next time the occasion arises, more pork will be ladled and for the same reason.
There aren’t trillions of dollars available for borrowing. So, where do the “dollars” come from? They’re created out of thin air at the Federal Reserve. Each new dollar steals value from all other old dollars. The Fed then gives the new dollars to their political favorites, who generally like the system, because they get free money. This creates bubbles in the favored industries, in the current case, the Stock Market. Why have Stocks gone up so far and fast over the past year? Have the American Companies been creating wealth to such an extent? Nope.