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Pay no attention to the people behind the curtain

Wednesday, September 02, 2009

Propoganda

By Keith R. Schmitz

More commie lies...
Many forecasters say stimulus spending is adding two to three percentage points to economic growth in the second and third quarters, when measured at an annual rate. The impact in the second quarter, calculated by analyzing how the extra funds flowing into the economy boost consumption, investment and spending, helped slow the rate of decline and will lay the groundwork for positive growth in the third quarter -- something that seemed almost implausible just a few months ago. Some economists say the 1% contraction in the second quarter would have been far worse, possibly as much as 3.2%, if not for the stimulus.
From The Wall Street Journal.

Right wing gentlemen, start your sputtering.

Sure this may fall back, or it could give rise to more of the stimulus we should have used in the first place.

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