BINGO. Once the bill is signed, expect obama pressers to begin with the music “Happy Days are Here Again”
Expect the media to treat us to endless stories about happy peasants digging ditches, riveting bridges, filling potholes, changing light bulbs, painting schools, spending their $400 gubmint checks on designer Nikes, and herding children into shiny new government daycare centers.
Expect endless human interest stories about how obama changed people's lives. Expect president Potemkin to tour numerous make-work community projects to receive thanks and praise from the peasants for his stimulus money.
Now that we have seen how an ignoramus can talk down the economy, we're going to be treated to seeing if an ignoramus can talk the economy back up.
They can milk this for a while blaming republicans so they can get even more socialist stuff in, but by 2010 he need to start selling the great improvements for the mid terms and he needs tax revenues badly. My question, Why would US investors get back in with the current status and knowing Obama’s plans? Are we forced by inflation? Schiff and Rogers say commodities and gold and better foreign commodities because Obama will regulate them less.
I remember the bond market terrified Clinton 16 years ago over deficit but these guys figure they can blame Bush.