Do Politicians Have Crystal Balls? I doubt it, but at times it sure seems as though they have brass ones ... making claims such as these. ;-) [pic via Wiki]
See the Recovergy.gov "Estimated Job Effect" page to see the specific numbers of jobs that will be saved and/or created by the 'stimulus' bill(s), according to the Obama administration. Bastiat must be rolling in his grave.
ABC News: Obama: People Should See Tax Cut Help by April 1: "Obama points to April 1 as when people should see benefits of tax cuts in big stimulus plan. It took only weeks for the notoriously slow Congress to pass the $787 billion economic stimulus package. President Barack Obama signed it into law less than one month into his presidency. So when should most people hope to start seeing the benefits of tax cuts in it? By April 1, according to the president."
More official cheer leading here.
Sunday, February 22, 2009
Do Politicians Have Crystal Balls?
Labels: bailout-stimulus, economics, politics
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