Psychological stimulus.

Comment #11

jme0823 — Mon, 09 Mar 2009 23:16:29 GMT

There was a surplus when Bush took office 8 years ago. I don't know if you guys are stupid, or what you are hung up on. The way you blog, I am really starting to believe you are a racist. You obviously have a problem with the current president. He has been in office for a little over a month and yall are simply blaming him for everything. Jarasan never posted anything about Bush who ran this S*&^ for 8 years; not to mention there WAS a surplus when he took over!

Comment #10

konane — Mon, 23 Feb 2009 04:22:40 GMT

We have taxation without representation so time to have a Tea Party and rein in the the raving lunatics serving in Congress.

Comment #9

jarasan — Mon, 23 Feb 2009 03:47:28 GMT

I personally have nary a thing against Obama or McCain, but for God's sake, when are we going to understand that the media and politics are completely self serving and self perpetuating? We need to understand that this is above all else, is about what is best for the citizens of this country, life, liberty, and justice for all. We need to choose beyond the party lines and decide who are the posers (players) and who are the adults that care about life, liberty, justice, and the... [ More ]

Comment #8

MADDOG10 — Mon, 23 Feb 2009 02:27:01 GMT

Oh yea, I forgot the last Democrat was getting a lot of work done under the table and also said the same Identical thing about inhereting a deficit when he came under the table, ( I mean into orafice, I mean Office) ... I could go on and on, but whats the use Government is nothing but a sham....! Break away and revolutionize, thats the new direction.....

Comment #7

justxploring — Mon, 23 Feb 2009 00:04:44 GMT

By the way, does anyone realize that Obama has only been in office for a month yet you are blaming him for our economic woes? I guess you've all been in a coma for the past 8 years.

Comment #6

jarasan — Sun, 22 Feb 2009 22:19:03 GMT

TT and Konane you are both spot on the govt and its bureaucracy are nothing more than a damn money pit and pension plan for its leaders and employees. VIVA la revolucion! I like the TEA PARTY type.

Comment #5

JAP69 — Sun, 22 Feb 2009 19:51:49 GMT

Comment #4

konane — Sun, 22 Feb 2009 19:07:59 GMT

Someone sent a political cartoon of a Democratic jackass doing what it does best, issuing droppings labeled as 'Stimulus Bill'. Underneath the cartoon was the caption "Shovel Ready." I don't think the 'Stimulus Bill' qualifies as manure good enough to grow anything.

Comment #3

time*treat — Sun, 22 Feb 2009 17:36:02 GMT

With the amount of new money created, they could have just written each citizen a check large enough that most people could have paid off all their debt. Would that have devalued the currency? Yes, but the way they have gone about it now, the currency will *still* be devalued anyway AND the citizens will *still* have their debts. Worst of both worlds. This is like the amount of money the former gov of Louisiana wanted to "rebuild" New Orleans. It was enough to put each NOLA family of 4 in... [ More ]

Comment #2

Rick G — Sun, 22 Feb 2009 15:42:51 GMT

Obama-Bush-Clinton-Bush Sr....they are all in the same game. They (along with their world counterparts) are dividing and conquering and creating frustration/unrest to foster violence/war so they can respond with military control. This is the inevitable outcome of this engineered economic collapse. The divided American public has to stop considering each other an enemy. We have a common enemy. We will have to unite to defeat this enemy if we hope to survive. The states decla... [ More ]

Comment #1

jarasan — Sun, 22 Feb 2009 15:03:40 GMT

Ok so now we are going to raise taxes to reduce the deficit, why even bother? How stupid are we? I think this is going to make even the non voters take notice.

Original Blog Entry: Psychological stimulus.

jarasan — Sun, 22 Feb 2009 13:45:00 GMT

I can't believe what I just heard a talking head say. She said that the $13.00 or so dollars extra we will be getting in our pay chex (for those of us that make less than $95K/year) starting April 1st (April Fools Day!) is not necessarily for any other purpose, than to give us a PSYCHOLOGICAL stimulus, you know to make us believe things are getting better. What a bunch of hooey!!!!!!!!!!!!!!!!!!!!!!!!

If that is the case then, why in the France does this administration keep telling us we are in the crisis of all time repeatedly. That kind of talk is totally a downer and or, lie, to manipulate us into COMMUNISM I mean really why fool around with socialism, pass go, straight to dissolving the Constitution.

Now, we have the POTUS telling us that he wants to reduce the deficit by half by the end of his first term!

In May 2008 when the current POTUS was the defacto Dem. nominee, the DOW was over 13,000, now it is well under 8,000. I don't care if you blame Washington, Lincoln, or Bush for the current situation, but I tell you what, this POTUS and his administration are inspiring no confidence, even Bill Clinton said so.

I told you so. Seat of the pants, no experience, Clintonites, broken promises, secrecy, tax cheats, are you happy now?

Imagine for just a moment, Mitt Romney as POTUS, a proven business and political leader that knows how to make hard choices, I guarantee things would be quite different. I bet even world economics would have been better, woulda coulda shoulda.....................

From Wikipedia, it looks correct.

Romney was sworn in as the 70th governor of Massachusetts on January 2, 2003. Upon entering office, Romney faced a projected $3 billion deficit, but a previously enacted $1.3 billion capital gains tax increase and $500 million in unanticipated federal grants decreased the deficit to $1.2 billion.[46] Through a combination of spending cuts, increased fees, and removal of corporate tax loopholes, by 2006 the state had a $700 million surplus and was able to cut taxes.[47][48]

Romney supported raising various fees by more than $300 million, including raising fees for driver's licenses, marriage licenses, and gun licenses.[48] Romney increased the state gasoline tax by 2 cents per gallon, generating about $60 million per year in additional tax revenue.[49] Romney also closed tax loopholes that brought in another $181 million from businesses over the next two years.[49] The state legislature, with Romney's support, also cut spending by $1.6 billion, including $700 million in reductions in state aid to cities and towns.[50] The cuts also included a $140 million reduction in state funding for higher education, which led state-run colleges and universities to increase tuition by 63%.[49] Romney sought additional cuts in his last year as Massachusetts governor by vetoing nearly 250 items in the state budget. All of those vetoes were overturned by the legislature.[51]

The combined state and local tax burden in Massachusetts increased during Romney's governorship.[49] According to the Tax Foundation, that per capita burden was 9.8% in 2002 (below the national average of 10.3%), and 10.5% in 2006 (below the national average of 10.8%).[52]

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