From Bloomberg this morning: Democrats Split on Stimulus as Job Losses Mount, Deficits Soar

Democrats who control the levers of power in Washington are divided on whether to push for more DEFICIT SPENDING to “end” the recession and “stem” job losses, complicating the possibility of a second stimulus bill.

The US should consider drafting a second stimulus package on infrastructure projects because the bill approved in February was a “BIT TOO SMALL”, said Laura Tyson, an adviser to Obama during last year’s presidential campaign who now sits on the White House’s Economic Recovery Advisory Board.

Unbelievable, is all I can say to this nonsense. Let’s put this down to everyday people’s terms. I have run up my credit card to $5000.00, but this bill was a “bit too small”, so I need to get my credit limit increased so I can dig me yet a bigger hole and go $10,000 into debt. I do this after I have no job and there is no possibility that I can get a job anytime soon.

Democrat or Republican, these guys are so out of touch with everyday Americans, and have their heads so far up their nether regions, that they will never see daylight again. Unbelievable!!!!

Related Posts:

• Eighty Years After the Great Crash — ‘Is It the ’30s Again?’ LOOK AT THE CHART!
• Interesting clips from a long Bloomberg article: Americans Repaying Debt Most Since ‘52 Spurs Savings (Update1)
• U.S needs a job stimulus package
• Coming soon to a theater near you: Stimulus II
• The U.S. is most likely only half way through a severe recession.

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