Destroying liberal myths economic myths doesn’t get any more simple than now with the rising job losses and the failed liberal economic stimulus plan. Obama finally admitted to what people were predicting back in February – that the unemployment situation is going to get much worse in the coming months: President Barack Obama said the U.S. unemployment […]

Joe Biden was on Meet The Press where he finally admitted that the ‘saved and created‘ jobs his administration keeps touting are really bad guesses from models that did not correctly measure the economic problems or the results of the risky liberal economic experiment known as the stimulus bill. The Obama administration claims a measly 150,000 jobs […]

Welcome Lucianne Readers! BTW, with this much traffic I went back and cleaned up the text a bit. – AJStrata Update: Biden admitted the liberal economic stimulus experiment was based on ‘guesses’: Biden tells “Meet the Press” that “everyone guessed wrong” on the impact of the stimulus, economy was worse off than anyone thought. In […]

Major Update: Here is a must read report from CBO telling the truth about the failed ‘stimulus’ experiment. A key finding: ARRA included a number of greatly expanded or brand new programs, which slows spend-out. Translation: the government is too damn slow and lethargic to stimulate the economy – therefore unemployment will continue to get worse […]

Update: President Obama is scrambling and spinning as the reality of failed government stimulus experiment sets in: Obama is ramping up his stimulus program this week even as his advisers are ramping down expectations about when the spending plan will affect a continuing rise in the nation’s unemployment. … But Obama now promises an accelerated […]

As if the situation could not look any bleaker on the economic and job front than what I posted yesterday, a found disturbing chart on a left leaning blog site, amid a lot of concern the job situation is going to be a real political albatross for Obama and the Dems. Here’s the chart comparing […]

Update: Make sure to check out Ed Morrissey’s take on the news today and that great graph at Hot Air showing the stimulus plan failed to live up to its promises. Here’s the graph!   Major Update: Here is a little reported report on the economy from the CBO from March of this year which […]

This post was originally titled “Obama’s Lies On Economy Getting Out Of Control – Where Is The Job Creating Stimulus?” But it was lost over the weekend after the murders committed by the left and right fringe (see here and here) pushed the post down ‘below the fold’.  Comments by President Obama yesterday regarding the GM-Government […]

As a recently deputized monitor for the stimulus efforts by the Federal Government, I have been posting regularly on the fact the ‘shovel ready’ stimulus money to create jobs passed last February is stuck in the sluggish federal bureaucracy. As of the end of April, across the 5 departments and one agency (NASA) I have […]

Update: It’s even worse than the bottom line numbers indicate. Apparently, even with such small amounts going to actual projects and being spent, the Department of Transportation can’t keep track of the money: Counties suffering the most from job losses stand to receive the least help from President Barack Obama’s plan to spend billions of […]