Jun 12 2009

America Declares Obama-Pelosi-Reid Liberal Economic Experiment A Failure

Published by at 12:56 pm under Measuring The Recovery

I have been predicting for weeks that the liberal economic stimulus experiment would fail – and is failing. I also noted the reason why it would and is failing – the lethargic federal government is too damn bloated and slow to ‘stimulate’ anything. The liberals shunned the obvious quick solution – tax cuts – and went with liberal fantasies of a government run economy. It was never in doubt what would happen, at least not to me.

Now it is clear to an increasing number of Americans the liberal fantasy is a disastrous failure and action needs to be taken now to turn the unemployment mess around. First, they have come to conclusion the failed experiment needs to be stopped immediately:

Forty-five percent (45%) of Americans say the rest of the new government spending authorized in the $787-billion economic stimulus plan should now be canceled. A new Rasmussen Reports national telephone survey found that just 36% disagree and 20% are not sure.

And now Americans are saying it is time to go with the tried and true (and conservative) approach of tax cuts:

Fifty-one percent (51%) of Americans favor an across-the-board tax cut for all Americans to stimulate the U.S. economy, according to a new Rasmussen Reports national telephone survey.

Thirty-four percent (34%) oppose such a tax cut, and 15% are undecided.

Fifty-nine percent (59%) of both Republicans and adults not affiliated with either major political party think an across-the-board tax cut is a good idea. Democrats are fairly evenly divided on the wisdom of such a tax cut.

These numbers are not even close, and note where the center lined up  – with the tax cuts (those mushy, squishy traitors – what are they thinking!). As the unemployment picture continues to sink during the rest of this year there will be an increased outcry to end the failure and get it right. The only question is whether the liberal Dems will admit defeat (not likely) or stick in their heals and try and put lipstick on their pig of a plan. If the Dems dig in their heels they will be out of power in 2010 and then possibly in 2012.

This will be very, very interesting to watch play out. Everything is set in motion and nothing can change the direction of the liberal train wreck – except admitting they were wrong.

4 responses so far

4 Responses to “America Declares Obama-Pelosi-Reid Liberal Economic Experiment A Failure”

  1. Frogg says:

    US Chamber of Commerce is launching a campaign against Obamanomics. They say ‘Capitalism is at a crossroads’ and have an aggressive grass roots effort planned:


  2. Frogg says:

    Our “out of control” government will never run out of new ways to “tax” the death out of us and our prosperity:

    IRS Considers Taxing Personal Use of Work Cell Phones as ‘Fringe Benefit’

    Ready for the “Fair Tax” yet, anyone?????

  3. crosspatch says:

    The media is being absolutely incompetent when it comes to holding the Obama administration’s feet to the fire. Just today:

    Stimulus fraud could hit $50 billion.

    Obama fires inspector general who investigated crony…

    Obama taps more big donors for ambassadorships…

    The corruption of the Democrats and the Obama administration are staggering. We have turned the White House over to the mob and the press is silent about it.

  4. kathie says:

    Out of control government……….so much for transparency! This is how we treat our friends?

    BBC: US ‘kept Guantanamo deal from UK’
    06/12/2009 3:35:49 PM PDT · by Oldeconomybuyer · 32+ views
    BBC News ^ | June 12, 2009
    A senior US official has told the BBC Washington decided not to tell London ahead of time about a deal to resettle four Guantanamo detainees in Bermuda. A diplomatic row blew up over Bermuda’s decision to accept the four Chinese Muslim Uighurs on a US request. Bermuda is a British overseas territory and London has told the Bermuda government that it should have been consulted over the agreement. The US official said Washington acted secretly to ensure the deal’s success. The unnamed senior official also told the BBC that Washington was attempting to shield the UK from Chinese anger.