Mama Bin Cranky

Screaming on the Inside

Obama’s Promise to Cut the Deficit and Stimulus II

Posted by madjillmom on April 29, 2009

The contraction of the economy at a rate of over 6% makes Obama’s promise to cut the deficit through the use of rosy scenario growth numbers go from ridiculous to impossible. 

Since the stimulus was billed as the government filling in the big contraction hole with our grandchildren’s money, look for calls for another stimulus package due to more contraction.  It only makes sense if you go by what Obama said had to be done.  I guess the next batch will come from my great grandchildren. 

I can see it now. 

“Look at this picture of your great grandmother.  She got a $400 tax reduction and it cost me $120,000.  Hope she did something good with that $400.”

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