Obama signs “stimulus”. Market drops 298 points.
Wow! Thank goodness that the messiah and his cadre of liberal politicians swooped and rescued us from certain financial disaster! The “stimulus” bill has been signed into law.
There is only one problem - you may fool the majority of Americans because, well, let’s face it - there are a lot of stupid Americans. But you cannot fool the Markets, and the Markets know that this stimulus is nothing but BS Government Spending and European-style Socialism wrapped up in a pretty wrapper called “Economic Stimulus.” It isn’t a stimulus for anything other than the liberal agenda to replace the free markets with more government.
It reminds me of the Simpsons episode where Lisa becomes President and wants to pass a tax increase, but her advisersĀ caution her that they need to call it something else so that the Americans support it. So they decide to call it a “temporary income adjustment” and everyone loves the idea. Even 10 years ago the writers of the Simpsons understood that if you take a piece of crap and call it something nice, Americans will support it. That is what we have with the “economic stimulus” bill. This bill was probably written 30 years ago when CarterĀ was President and this is the first chance the Liberals have had to actually pass the thing. It is garbage. It is Socialism. It won’t help the economy (by the liberals own admission) and we will be paying for it for years.
Face it - Liberals need a bad economy. It supports their agenda of forcing more people to be dependent on the government. And the higher the unemployment and the worse the economy, the more people become dependent on liberal programs. So bad economy = good news for Obama and the liberals. You probably wouldn’t like to work for a company that pays the CEO based on how poorly the company performs, but that is exactly what we have with the liberals that are running our country. The worse it gets, the better for them.
Sucks, doesn’t it?