What does a trillion dollars in wasteful deficit spending on Democrat pet pork projects buy, besides record deficits and the most unsecured national debt in American history? Well, lets see, 2.7 million jobs lost since the “stimulus” just had to be passed immediately, without anyone even having read it, and the highest unemployment rate in [...]
Filed under: Blog Entry | Tagged: Barack Obama, Budget Deficits, Democrats, Economy, Financial Crisis, GDP, Global Recession, Government Spending, Gross Domestic Product, Harm Bandholz, Inventory Cycle, Jobless Recovery, Jobs, John Boehner, Labor Department, National Debt, Nonfarm Payrolls, Recession, Republicans, Spending Multipliers, Stephen Stanley, Stimulus, Unemployed, Unemployment, Unemployment Rate, UniCredit Research | 1 Comment »