If Recession is Over, Why More Stimulus?

biden stimulusLately, there has been nothing but positive things coming from the mouth of the Fed and the Obama administration in regards to the current state of the economy. Chairman Bernanke even had the audacity to claim that we should be out of the recession by late 2009. The question I have, is that if everything is looking as good as rain, why on earth are we ramping up for yet another large stimulus plan, paid for by no other buy you and I? My thoughts are that actions speak louder than the words.

On Friday, Vice President Biden announced the plans for himself and President Obama to unveil the new plans for the next stimulus this next Monday. The stimulus roots back to the $787 billion bill that Congress passed in the beginning of the year. If things were looking to get better (which I, unfortunately, do not believe), wouldn't such large stimulus spending be in vain. Perhaps, it's because the government realizes that are recent successes are from massive government spending. So how long do we keep spending ourselves further into debt? Until the dollar has become completely worthless? Beware of more stimulus rallying on Monday as I'm sure they both have a great "feel good" message for the country. The only thing I've really agreed with Obama thus far is him picking the Lakers to win the championship in six.

3 comments:

  1. Anonymous Says:

    "Beware of more stimulus rallying on Monday"


    How many billions worth of 10s and 30s on auction this week? Watch the rally in bond yields. The worm is turning

  2. Anonymous Says:

    "why on earth are we ramping up for yet another large stimulus plan?" ---> more recovery is better than small recovery.

  3. lin liyi Says:

    Persons travel towards sports merchants to obtain sports tag heuer replica sale many weeks previous to most of these games. Activities merchants prepare yourself onward and in addition they refill within the jerseys simply because learn how excessive this desire for him or her usually are. Individuals who can pay for the item buy this real people. These include an original sports rado replica utilized because of the people. These hublot replica usually are auctioned down to help best bidder. Gurus aid of which shoes and boots ought to be obtained generally at nighttime. Definitely not on account of any good superstition, although mainly because it is now time bankruptcy lawyer las vegas legs usually are almost all puffy and as such, you'll know if thez running shoe will likely be at ease or maybe definitely not. Selecting the right below wholesale vogue fake rolex for sale in addition to donning these individuals could allow you to be some sort of diva involving ones collection. Footballing is usually a very little unique, nevertheless -- footballing outfits is usually utilized with any relaxed circumstances without just one will probably accuse people connected with pretending as a rolex replica uk idol.