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Stimulus spending effects

September 16, 2013

President Barack Obama likes to boast that trillions of dollars in “stimulus” spending of various types has put more Americans back to work. It has not....

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Sep-16-13 6:12 AM

To bad the Minot Daily doesn't bother to check facts. The stimulus gave the economic bump it was projected to give, but we were further down that we had thought. Where we are isn't that great, unless you figure that we were projected to be at about 40% unemployment and plunged into a world wide depression. Where we are is pretty great compared to that. Good thing that Bush got the first round of stimulus going. It seems the real complaint of the MDN is the White House doesn't talk gloom and doom everyday like the people the MDN listens to. Well, you do not want to scare people and make the economy worse like the Republicans are doing daily. A lot of getting the economy really going is people having the confidence to do the things that move the economy forward. So we see things like record automobile sales and of course the administration talks of how good this is. The MDN can't stand to really report good things like this and so complains when their depression is not fed.

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Sep-16-13 9:35 AM

John Boehnor has a jobs bill. It has been in his desk for two years after it passed the Senate. But, why not obstruct. That is what the Republicans do best.

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Sep-16-13 9:43 AM

MDN is just using Mad Libs for Obama editorials at this point. This is high comedy.

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Sep-16-13 9:47 AM

Maybe the MDN could report what austerity instead of stimulus has done to the economy in Greece?

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Sep-16-13 6:13 PM

Perhaps the editorial staff of the MDN should apply for a career in telemarketing or something quite similar that reflects their talent. The MDN is nothing more than a 3rd rate tabloid.

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Sep-16-13 6:19 PM

The biggest laugh of all is that oblamer has spent 17 trillion dollars to grow the economy by 1 trillion dollars in 5 years. Larry Summers who was going be the next federal reserve chairman wanted to stop spending the 85 billion a month buying bonds and propping up the stock market. The jobs being created are part time thanks to obamacare. Now the unions don't want it, Congress and oblamer exempted themselves and their staff from it. Progressives whined and complained endlessly about "trickle down" economics till oblamer started doing it. There really is no other way to explain giving bankers and the 1 per cent that oblamer whined about during his 2012 campaign the bulk of the 17 trillion dollars. I'm so glad the "progressives" got what they wanted with oblamer and obamacare. How's that free obamaphone working for you?

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Sep-17-13 8:39 AM

Pretty in black-n-white, eh, RR?

Nothing wrong whatsoever in what any Democrat does at any time?

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