How well has the economic stimulus worked?

Remember how Barack Obama and his hordes of aides descended on Washington, D.C. before he even took the oath of office and began making the push and the sell for a massive economic stimulus package? To the tune of $787 billion, they told the American people that it was necessary and vital to any economic [...]

Layoffs continue as the recession deepens

The term trickle-down economics is widely known to most people who have followed politics and care about the economy. In it’s most simple terms, it is the theory that anything that happens at the top rungs of the economy will trickle down to the people underneath. It is the theory behind the Reagan tax cuts [...]

Spending bill stalls in the Senate

It looks like President Obama will have to wait at least until next week before he signs a spending bill that is designed to keep the government running through September. Senate Majority Leader Harry Reid is coming up one vote shy of the 60 votes needed to clear a procedural hurdle and send the measure [...]

Congress isn’t finished–Now they want $410 billion more in spending

You would think that sooner or later, the appetite of Congress for multi-billion dollar spending would be satisfied, but it appears that day has not arrived yet. On the heels of passing the biggest spending bill in Congressional history, to the tune of $787 billion and disguised as an economic stimulus package, they are now [...]

Do you hope Obama fails?

With the presidency of Barack Obama in full swing and the economic stimulus package signed into law, much is being said and discussed about the hopes of failure or success. The most notable statement came from Rush Limbaugh, in a now famous opening monologue of his program, January 16, 2009.
If I wanted Obama to succeed, [...]

Mike Huckabe calls the stimulus package C.R.A.P.

I don’t normally post a lot of videos on My Take, but I came across this one of Mike Huckabee and I found it very relevant. The Congressional Relief Action Program is just what the doctor didn’t order and even Huckabee uses his trademark humor to drive the point home very effectively. Watch, enjoy, and [...]

How much is too much bipartisanship?

Over the past several weeks, as the $789 billion economic stimulus package was coming to fruition in Congress, a lot has been said about how every Republican in the House of Representatives voted no and only three Republican Senators voted yes. Several times while listening to NPR’s Morning Edition on the way to work, I [...]

Congress and White House reach agreement on $789 billion stimulus package

Wasting no time, negotiators from Congress and the White House have reportedly reached an agreement on the final version of the economic stimulus package President Obama has requested to be on his desk for his signature within a few days. The final cost of the bill is set at $790 billion and in spite of [...]

Does the majority of Americans support the economic stimulus package?

As has been the case for the past several days and weeks, President Obama’s economic stimulus package is still a hot news topic. I was unable to catch his prime-time news conference from the White House last night, but it seemed to be the subject of most news stories this morning. As I was driving [...]

President Obama goes to the people

In a couple of  last minute changes to his schedule, President Obama will be traveling to Elkhart, IN on Monday and Fort Myers, FL on Tuesday. His aides were going with a different plan at first, with the President staying in Washington to watch over the economic stimulus package as it works it’s weary way [...]

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