Fed expects weaker recovery

[spence]

Originally Posted by RIJIMMY

So ---- we gave a heroin addict a bunch of drugs, he peaked and now will soon crash. We treated the symptoms but not the disease. So, what more can the Fed do? interest rates cant get any lower. Your savings is allready earning nothing. Obama has already borrowed tons of money, will soon be stealing more from the working people and will continue to pump it back into the economy (that means giving it to people that didnt earn it) Real Estate market still in the tank.....
So my question? Obama's stimulus? What a farkin waste of money that we will be paying for my lifetime! I hate to say it but...... I told you so!

You could say most of the same about Bush you know.

As for "stealing money from the working people"...1/3 of the Stimulus or so went into tax cuts to help the working people. Somewhat different from the across the board Bush cuts that delivered the most benefit to the rich.

As for the stimulus being a waste, there still is a general belief that it helped avert a much worse situation or even another depression. If that's the case then it was money well spent.

-spence

[scottw]

Originally Posted by spence

As for the stimulus being a waste, there still is a general belief that it helped avert a much worse situation or even another depression. If that's the case then it was money well spent.

-spence

no, that's Obama's montra and few are buying that crap anymore...this is what you say when you and your policies are a complete and utter failure..."well...ya know...it could have been a lot worse if not for me"...just pathetic the Obamorons are slipping into delusional dishonesty....there IS a general belief that Obama and his administration are a disaster and unlike you and your claims......I can provide solid evidence of mine

[buckman]

Originally Posted by spence

You could say most of the same about Bush you know.

As for "stealing money from the working people"...1/3 of the Stimulus or so went into tax cuts to help the working people. Somewhat different from the across the board Bush cuts that delivered the most benefit to the rich.

As for the stimulus being a waste, there still is a general belief that it helped avert a much worse situation or even another depression. If that's the case then it was money well spent.

-spence

"without this stimulas unemployment could reach over 8%"