Stimulust Revisions: Take DXCII
As far as bodacious spin and stone-crazy rhetoric goes, this has to rank near the top of any list: the latest gruesome jobs report, which pushed the real unemployment rate past 16%, is solid evidence that the $830-billion economic stimulus package … wait for it … worked exactly according to plan.
So opines The One:
“Now, without relitigating the past, I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama said at his Monday press conference.
“And part of the evidence of that is as you see what happens with the Recovery Act phasing out,” he said. “When I came into office and budgets were hemorrhaging at the state level, part of the Recovery Act was giving states help so they wouldn’t have to lay off teachers, police officers, firefighters. As we’ve seen that federal support for states diminish, you’ve seen the biggest job losses in the public sector–teachers, police officers, firefighters losing their jobs.”
So in other words, if the federal government had only kept looting more taxpayers and conjuring more funny money to subsidize and prolong an ephemeral and wholly phantom retention of local government public safety personnel and frontline educators – because no stimulus money was used for anything but – Recovery Summer could have been an endless one.
Just keep adding fuel to the fire until nothing is left but a heap of ash. Victory. At least according to Obama.
“It had become usual to give Napoleon the credit for every successful achievement and every stroke of good fortune. You would often hear one hen remark to another, ‘Under the guidance of our Leader, Comrade Napoleon, I have laid five eggs in six days’; or two cows, enjoying a drink at the pool, would exclaim, ‘Thanks to the leadership of Comrade Napoleon, how excellent this water tastes!'” ~ Animal Farm
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