By: Obama Stimulus May End Up Hurting the Economy it Was Supposed to Have Helped

Obama Stimulus May End Up Hurting the Economy it Was Supposed to Have Helped — Fri, 29 May 2009 14:14:49 +0000

[...] This interest-rate increase does not currently seem to be caused by expectations of inflation, which has remained around 2% annually, although oil, gold and other commodity prices have ticked up. Instead, it seems to have been caused by the exceptionally high demands being made on the government bond market by the U.S. federal deficit, which is expected to total about 13% of gross domestic product (GDP), or m… [...]

By: John Beerman

John Beerman — Fri, 08 May 2009 19:40:07 +0000

Obama cut 0.4% of his budget. If American families are being forced to cut back, so should Washington. I found this petition on the US Chamber’s site where you can voice your opposition to this Administration’s failure to keep campaign promises and make a significant dent in spending. I already signed on: http://www.friendsoftheuschamber.com/takeaction/index.cfm?ID=349

Comments on: Obama’s Miniscule Budget Cuts Face Stiff Opposition

By: Obama Stimulus May End Up Hurting the Economy it Was Supposed to Have Helped

By: John Beerman