The Obama Administration had announced before unveiling the stimulus package that it would have to be "targeted, timely, and temporary." Last week I wrote about the Heritage Foundation's analysis of the stimulus money failing in these items, this week the USA Today confirms this view. Today...
Posted to
AIP Blog
by
Alexa Shrugged
on 06-01-2009
Filed under: stimulus package, stimulus, michigan, economic recovery, job losses, economic crisis, unemployment, Heritage Foundation
Remember when the Obama Administration said while pushing for the stimulus bill to be passed that it would be timely and targeted? The Heritage Foundation has been tracking the claims and has found that the bill is neither. As this chart provided by Heritage shows, the spending of the billions in the...
Posted to
AIP Blog
by
Alexa Shrugged
on 05-25-2009
Filed under: capitalism, stimulus package, government spending, stimulus, economic recovery, economic crisis, Heritage Foundation
It’s A Stimulus Stupid! Part Two! Last week when I left all you wonderful viewers we were talking about the alternative minimum tax increase found in the American Recover and Reinvestment Act of 2009. Now it is our duty to move on and uncover more of the nonsense that was passed off as “stimulating...
Posted to
AIP Blog
by
AIP Admin
on 05-12-2009
Filed under: senate, congress, wasteful spending, economy, budget, treasury, pork, stimulus package, government spending, taxes, stimulus, economic recovery, economic crisis, spending, education, taxpayers
Yesterday, President Obama urged Congress to pass credit-card reform legislation by Memorial Day. In his weekly address, he stated , "There is no time for delay...We need a durable and successful flow of credit in our economy, but we can't tolerate profits that depend upon misleading working...
Posted to
AIP Blog
by
Despina Karras
on 05-10-2009
Filed under: economy, capitalism, free market, business concerns, economic recovery, economic crisis, regulation, credit card reform