Did Obama, Biden and Nancy "Heehonk" Pelosi Misread or Mislead Everyone on the Economy?

However, we are not talking about intelligent people. We are talking about a President and members of the Donkey Party wanting a 2nd try at stimulating the economy. How did the first $787 billion dollar plan to stimulate the economy go?

Honestly, we do not know what happened. We were force fed a lie that if this stimulus bill was not rushed through immediately, the economy would continue to tank and unemployment would rise. Obama said that if the bill was passed, the economy would recover, jobs would be created and unemployment would not go above 8 percent.

What has happened since these comments? Under the leadership of Obama, the economy is still stagnant and unemployment is now at 9.6 percent. 10 percent of the$787 billion stimulus plan has been spent so far. Why is the Obama administration not getting more money out into the economy?

Like many, I believe this was their plan all along. They wanted this first "stimulus" to fail so they could call for a 2nd "stimulus." If not, why have they only spent 10 percent of the $787 billion dollar bill knowing the entire time that the economy needed much more?

While in Singapore, Dr. Laura Tyson, a key member of President Obama's "Economic Recovery Advisory Board," said this about the 1st stimulus package: "it will have a positive effect, but the real economy is a sicker patient." Where can I sign up to get this job? I'm not an economist but even I knew this bill was a waste of taxpayer's money.

"The plan turned out to be a bit too small," Dr. Tyson continued. Too small? Why would you come up with a figure of $787 billion dollars and claim that is too small?

Ask any American taxpayer if they believe the 1st stimulus was too small. When almost 60 percent of the public wants an end to the spending of the 1st stimulus, now these intellects want a 2nd shot to "help" the economy. This is how our government works.

Screw up the first time! Spend taxpayer money! Immediately ask for more money to try again!

Basically, they are telling the American Taxpayer to drop trough, grab you ankles and hold your breath...because Uncle Sam is going in deeper...AGAIN!

Bloomberg News reported that Dr. Tyson continued her explanations by saying: "The economy is worse than we forecast on which the stimulus program was based. We probably have already 2.5 million more job losses than anticipated. The money is just really starting to come out in more significant amounts now," Tyson said.

Here is the quote that made me chuckle: Tyson made this statement and I hope people will wake up and see what is wrong with this administration. "The stimulus is performing close to expectations but not in timing." Really?

This stimulus is performing close to expectations but it has not helped the economy at all. Is that an admission that the Obama administration expected the 1st stimulus to fail? Sure sounds like it to me.

Vice President Joe "I can't keep my foot outta my mouth" Biden has tried to spin their economic stimulus and the "create or save" jobs bill by telling this to ABC's George Stephanopolous: "The truth is, we and everyone else misread the economy. The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there."

Really? The truth? What happened to them "knowing" this economy was the worst since the Great Depression?

It is all a gimmick folks and we are being played for fools. Look back to 2006. Who took control of both the House and Congress?

You got it. The Donkey Party lead by head jackass, Nancy Pelosi. Recall how they talked us into a recession before it actually happened and then blamed Bush for a budget they passed? You see, President Bush proposed a budget and then the members of Congress (under the control of the Donkey Party) voted to pass it. Hypocritical dontcha think?

This kind of talk continued up until the election of Obama. I cannot count the number of times both Obama and Biden spouted "the worst economy since the Great Depression." Now, they want us to believe they "misread" the economy? Give me a moment to laugh.

You can't blame these Liberals. We already know they cannot read anything, including bills they sponsor themselves. Is this any different?

I think the word Joe was looking for was "MISLEAD." Obama, Biden and entire Donkey Party, lead by Nancy "heehonk" Pelosi, intentionally mislead our country. Now it is catching up to them and they want a 2nd chance to mislead us again.

If given a 2nd chance, how much is this going to cost the American Taxpayer? If your 1st stimulus didn't stimulate a damn thing, how will the 2nd stimulus be different? Riddle me this, answer me...PLEASE!

Does the President, Congress or his "advisor's" not realize that you cannot borrow an economy into health? They will continue to "borrow into tomorrow" and still they have no plan. The economic gangrene continues to spread.

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Source: Bloomberg News