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06-10-2008, 10:17 AM #1

Obama's Economics Genius
Here's Obama's genius idea to fix the economy...
NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday that lawmakers should inject another $50 billion immediately into the sluggish U.S. economy.
"Such relief can't wait until the next president takes office. ... That's why I've called for another round of fiscal stimulus, an immediate $50 billion to help those who've been hit hardest by this economic downturn," Obama told a crowd in Raleigh, N.C.
Full Article
Don't get me wrong, I would be happy getting money back from the government that I didn't think they should have taken in the first place, but it would be just as ineffectual in fixing the economy as the first round of economic stimulus checks was. Typical politician remedy: throw money at the people while doing nothing to fix the actual problem, just so they can say later that they gave us money and claim credit when the economy rebounds like it always does.
When are people going to realize that things aren't going to get much better until we start strengthening the dollar again. When our money isn't worth the paper it's printed on, how can we expect a decent economy?
Edit: And I just saw the It's-Not-News - It's-CNN poll of the day, "Which candidate would do more to improve the U.S. economy?" And after reading this story, 65% say Obama...laughable!
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