Saturday, July 11, 2009

Obama - 'Economic Stimulus Plan Worked as Intended'

Worked as intended? I must have totally misunderstood what Obama said the stimulus (bailout) package would accomplish. According to the metrics the administration set it is better described as a failure; not "worked as intended".

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0StZd9y2rCY

"President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his recovery program has failed to rescue the economy."

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