This is exactly what the administration is fostering. A codependence on government to bail them out when they bought a home knowing they did not qualify for a mortgage. They ran up the balance on their credit card then complain because the bank increased their interest rate and they want government to slap the banks around. They believe health care is a right and they should never have to pay for anything.
This codependence on government is making us weaker as individuals and as a nation and we are playing into the hands of the power brokers.
But no need to worry about anything. Obamaman is assuring us the plan is working. Prosperity for all is just around the corner.
According to Bloomberg,
President Barack Obama said his $787 billion stimulus bill “has worked as intended”Really? How so?
Has the unemployment trend reversed? Have foreclosures ceased? Are companies making profits and individual spending freely?
Not really. But . . .
“It has already extended unemployment insurance and health insurance to those who have lost their jobs in this recession,” Obama, who is traveling today in Ghana, said in his weekly Saturday radio and Web address. “It has delivered $43 billion in tax relief to American working families and business.”How is that tax cut working for you? Are you taking full advantage of that extra $40 per month?
Were it not for the stimulus program, the president said, “state deficits would be nearly twice as large as they are now, resulting in tens of thousands of additional layoffs -- layoffs that would affect police officers, teachers, and firefighters.”
Are those unemployment benefits allowing you to keep your home?
Are you better off now that the Spendulus bill has addressed the issue with Mormon crickets, pig farts and library renovations for dead presidents?
Biden went into greater detail than Obama, ticking off the programs funded through the $787 billion economic stimulus measure. Thousands of jobs a day have been saved and interest rates have been kept low, saving middle-class families $1,200 to $1,600 a year in mortgage payments, he said.How many thousands of jobs have been "saved or created"?
Don'tcha just love how the folks in Washington can say anything and make it sound almost believable?
These are the same folks who want GM to sell cars that are not profitable and Chrysler to sell Fiat's. The next big items are making fuel and anything associated with fuel more expensive via the cap and trade bill and then ration health care.
How is this working for you so far?