The Mudcat Café TM
Thread #139355   Message #3201082
Posted By: Bobert
03-Aug-11 - 02:09 PM
Thread Name: BS: The Republican Default Crises
Subject: RE: BS: The Republican Default Crises
Jack is 100% correct... Wall Street has finally figured it out... Too bad they have been so busy trying to make Obama look bad (sound familiar) that they didn't realize that had lit their own house on fire in doing so???

I mean, this ain't rocket surgery here...

Last month the private sector created 58,000 jobs while state and local governments cut 40,000 jobs...

We need 200,000 jobs a month created to cut into the 8,000,000 lost under Bush and cutting government spending (jobs) at this point in time is suicide for the US economy...

The leading economists, including Paul Krugman, told *US* that we needed a $1.2T stimulus... All Obama could get out of the Repubs was $300B to go along with $400B in yet more tax cuts???

No stimulus, no recovery... All this was predicted... Ain't all that tough...

B~