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	Name:	water_watcher -
	Subject:	Hound you are making my point
	Date:	7/14/2009 6:34:21 AM

I agree only 10% has been spent ... why? We had a bad recession and credit crisis with high foreclosures. Unemployment rising rapidly. Why would we put a "spending" plan in place that will take two years to be realized (Obamas words not mine). Of course it takes a long time to spend that massive amount of money.

That is why targeted tax cuts have a much more immediate impact on the economy to stimulate it and put people to work. At a much less cost to the tax payer.

It is clear Obama does not care about the economy or rising unemployment as long as he gets his agenda through.

This is the point of the guy on CNBC ... spending plans do not work, they take too long and the problem keeps getting worse in the short meantime. They tend to keep weak businesses alive which never allows the economy to flush out the excesses and start moving forward. It creates bigger government which means more taxes and more regulation that slows recovery and when you get one it is very weak.

All of this was said by many of us and we are not experts ... but sure seems to be holding true. Yet the died in the wool liberals keep making excuses why it is not working.

It is not working because it is the wrong plan. More and more people are realizing that. The course we are on will make the Carter years of stagflation and the misery index look like the boom years.