Econ 101

Paul Ryan Takes Sen. Reids Fiscal Plan to Task

Published by Papa Giorgio

A great example of this comes from when Bush was President.

Draconian Cuts
During Bush’s last run, I heard a lot of politikal talk about Bush cutting veteran benefits by 2-million dollars. “Bush is putting these vets in the poor house, “ or, “Bush doesn’t care about the military veterans.” What is a person suppose to think if Bush is cutting 2-billion dollars out of veteran benefits? Well, as you can see from the graph below, this is merely a play on words/deeds. Bush was originally going to raise the benefits by almost 5-billion, but decided to trim the proposed increase for the next fiscal year by 2-billion. The opposing side took this decrease and used it as if Bush was actually cutting benefits, when in fact he was increasing them by 3-billion. In fact, as shown, Bush seems more compassionate about the veterans than do the opposing sides “cigar aficionado.”

In His Own Words~Obama

Published by Papa Giorgio

This nugget comes from Sweetness and Light via Gateway Pundit.

Mission Accomplished. Obama told the “Today” Show back in 2009 that if the $787 billion stimulus failed he would be a one-term president.

President Barack Obama acknowledged Monday that the fate of his re-election four years from now likely rests on the success of the proposed $825 billion stimulus package.

“A year from now, I think people are going to see that we’re starting to make some progress. But there’s still going to be some pain out there,” Obama predicted during an interview on NBC’s “Today Show.”

“If I don’t have this done in three years, then there’s going to be a one-term proposition.”

In acknowledging that his political fortune hinges on the state of the economy, Obama urged the country to be patient in waiting for the stimulus to take effect.

Experts agree that America destroyed 1,000,000 private sector jobs with the failed stimulus.

And now we have this: