Quote:
Originally Posted by GatorB
and.....? I'm not the one criticizing Obama or the stimulus
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Well you should be criticizing it..Regardless of anything, it IS a financial disaster.
The Dow Jones Industrial Average has fallen 20 percent since Inauguration Day,
the fastest drop under a newly elected president in at least 90 years.
More than $1.6 trillion has been erased from U.S. equities since Jan. 20 as mounting bank losses and rising unemployment convinced investors the recession is getting worse.
http://www.bloomberg.com/apps/news?p...d=aGJ_.gr_awkY
Blame it on Bush if ya want, but in the end Obama will put us in a far worse position than we could have ever imagined Bush being responsible for.
$32 billion to expand coverage for the children of low-income workers
$19 billion to speed the adoption of computerized health records
$1.1 Billion for Weather proofing houses
$1 billion dollars on repairs for Marine 1
$78 Million dollars on an Antartic Ice Breaker
That's just a portion of the ridiculousness of the signed stimulus package.
"Obama has called on Congress to send him a health care reform bill this year bringing the uninsured into a costly system. Experts say the cost could easily exceed
$1 trillion over 10 years, a figure that the Obama administration does not dispute."
Lets spend billions of tax payer money to cater to the unfortunate who don't pay taxes, don't work or stimulate the economy whatsoever. The perfect plan when our economy is in it's current shape. Criticize Obama? NEVER!! Obama is the messiah!!
