Saturday, August 21, 2010

Passing the buck, Obama-style

So the US economy remains shaky even after the nearly $1T Stimulus Democrat package of 2009. The unemployment rate is at close to 10% or about 18M Americans. The DOW is riding waves surfboard riders wish they could see on either the Atlantic or Pacific. The national debt is at an astronomical $13T and mounting. And, tax increases looms beginning next year when former President Bush's tax cuts expire.

What does President Obama say about all of this data? Pretty much blames it all on congressional inaction.

How many more so-called Jobs and Stimulus bills will it take for the federal government to notice that such actions will not produce one iota of real jobs or stabilize the economy? The definition of insanity is doing the same thing over and over again and expecting a different result.

Unfortunately, Democrats don't pay mind to such reasoning. They control the purse-strings, and the entire government now. Can't blame the GOP for these bad numbers. The Democrats and Obama own these figures.

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