It looks like last week news of unemployment finally easing up a bit convinced Golden Boy that the world will not end after all.
Of course, he swears that this has only happened because SuperBama increased spending. Again, this is all really funny since he was still calling for much larger spending back in June, and was painting doom scenarios for September. Furthermore, if you actually look at the numbers provided by the government itself, it looks like we haven’t even got close of spending half of the allocated money yet. By the way, I am certain we won’t even be able to tell when and how all this money will be spent. Business as usual for Mommy Government.
But again, no one will remember that. We won’t even try to figure out how much all these billions we spent so far actually helped or not. This guy is all about ideology. He will let his end of the world fantasies aside if it is to help his superman in the White House. So much so as to say that deficit spending now is a good thing! (He must be really happy about that, since we just hit 1.3 trillion, with estimates that the deficit will top $1.8 billion by fiscal year’s end).
In any case, another chicken leader is gone. For now.
Newsweek is taking a big step into mea-culpa territory here:
The economy is doing so well, the government may be able to cut the stimulus package next year.
I wonder how the Golden Boy will react to this. Maybe he will say that Obama is so great that his stimulus stimulated too much too fast! Ah, the joys of having a God leading us…