Tuesday, July 7, 2009

New Stimulus Full Court Press

First Krugman, then Biden and now one of Obama’s advisors is now calling for another stimulus –

http://www.bloomberg.com/apps/news?pid=20601068&sid=ajQbZ.WrAVwQ

Here is why in one picture –


You don't get reelected with unemployment going vertical.

I don't think the Public will go for another "Stimulus" unless the markets tank to scare the heck out of people. Either that, or the politicians will tell the voters to take a hike and vote for another stimulus regardless of the concerns of voters.

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