Tuesday, February 17, 2009

Feelin' "Stimulated" Yet?

Barack Obama signs the pork filled beast today, and the effects are already trickling down into the economy!

...Both consumer and investor confidence are now just a single point above their all-time lows.

The Rasmussen Consumer Index, which measures consumer confidence on a daily basis, current stands at 56.8. That's down a point from a week ago, down five points from a month ago and down sixteen points since the financial industry meltdown began in mid-September. During that time, confidence in the nation’s banking system has plummeted.

And everyone know that at a time when consumers are not confident, they'll spend that extra $13- a week you're planning to give them with wild abandon, right, Baracky?Hey - they get it, pal:

Thirty-eight percent (38%) of voters nationwide believe the $787-billion stimulus plan passed by Congress will help the economy. The latest Rasmussen Reports national telephone survey found that 29% believe the plan will hurt and 24% believe it will have little impact.
Middle-income Americans are more likely to believe the bill will hurt rather than help.

That's a lot of confidence the people have in you and your party, Mr. President, a whopping 27 days into your reign. But there is one group of Amercians that is totally psyched about the stimulus, with good reason:

By a 49% to 24% margin, government employees believe the stimulus plan will help the economy.

With over 50% of the plan to be new government spending, a lot of new workers and overtime will be needed. Theyse guys know it, and they're jumping for joy. Meanwhile, the private sector, which provides the cash for Obama and the Democrat's wild spend-a-thon, gets beaten and raped by this bill, left dazed and hurt and yet still knowing that their personal predators can come back for more, and that there is nobody willing to stop them...

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