Wednesday, September 19, 2012

Oxymoron: Government Stimulus

Bush 43 tax rebate of $600 per individual
Stimulus I
Stimulus II
Hundreds of billions of dollars in bailouts for banks and auto companies
Cash for Clunkers
Cash for Caulkers
Hundreds of billions in loan garentees to bankrupt "green" companies
Quantative Easing I, II and now III
>$1T defecit per year for 3 years
Tax credits for buying electric cars

Unemployment above 8% for 43 straight months
Median household income down $4,000 in 3 years
Gasoline prices doubled in 3 years
Mortgage foreclosures

So tell me, where is the stimulus to the economy?

No comments:

Post a Comment