About Me

Name: Gabrielle Cusumano
Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Economists slam Barack Obama's stimulus package, Pelosi Writes Panic Memo

"That memo shows that her bunched up panties have more wrinkles than her upper lip. (sorry for the visuals!)"
Comment #2 about "Is Pelosi Panicking? Leaked Memo Lashes Out at Republicans" posted by laweeks at: http://www.humanevents.com/article.php?id=30473&page=2#c1
This is a memo from Speaker Nancy Pelosi's communications director, Brendan Daley, to Democratic members and staff sent after the stimulus vote yesterday. Pelosi is apparently panicked at Republicans’ success in uniting against her hyperpartisan actions in shutting them out of the formulation of the stimulus bill and in peeling nearly a dozen Dems off to vote in opposition.

Here is the full text of the memo leaked to HUMAN EVENTS this morning. http://www.humanevents.com/article.php?id=30473&page=2#c1

Must Read Comments: (
175
)
 
"...at the exact time when economists of every ideological stripe agree that government investments are the only way to get our economy moving again and make us competitive for the long term." Pelosi

Wrong, Wrong, Wrong. I would direct your attention to the full page ad in the NY TIMES signed by over 200 economist that said just the opposite.
Jan 29, 2009 @ 10:53 AM Michael Hamm, Charlottesville, Va
.Click to view all
 
_________________________________________________________________________________________________________________________________________
Reference


Economists slam Barack Obama's stimulus package

The line from Barack Obama and Joe Biden is that all economists agree with a stimulus package to expand government spending. So they won't have been happy to see a full page advertisement in (January 28's) New York Times disagreeing, signed by around 200 academic economists, including three Nobel prize-winners.

(T)he economists who signed the advert, funded by the Cato Institute in Washington DC, say that: "we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's "lost decade" in the 1990s."


Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive