Money For Nothing: CBO Reports That Stimulus Doubled the Debt

So much for that idea.

Not only has the so-called "stimulus" doubled the debt, but the country got jack-squat in return. Except, of course, consistently high unemployment, a real estate market in shambles, and gas and food prices through the roof. Yippee!

If you think the Dumbocrats have learned their lesson yet, you better think again.

Is it 2012 yet?

A new report from the Congressional Budget Office (CBO) finds that President Obama’s economic stimulus program helped nearly double U.S. debt.

The 2011 Long-Term Budget Outlook, released Wednesday morning, reports that the “the combination of automatic budgetary responses” and Obama’s stimulus “had a profound impact on the federal budget.” According to CBO projections, before Obama’s stimulus became law, federal debt equaled 36 percent of GDP and was projected to decline slightly over the next few years. Instead, thanks in large part to the stimulus, debt reached 62 percent of GDP by 2010.

The wonderful news doesn't end there. Keep reading.

Cross-posted.

The View Goes Overboard On NY Post Editorial Cartoon (VIDEO)

Today on The View, the hens went full-force on the NY Post editorial cartoonist, Sean Delonis, which portrayed two cops standing over a chimpanzee which has been obviously shot fatally, while the caption reads "They'll have to find someone else to write the next stimulus bill."



Now, clearly EVERYBODY knows that Obama only signed the bill. The bill was written by Nancy Pelosi & Harry Reid, but oh, no, The View bitches had to immediately infer that the chimp in the cartoon was Obama. Everyone on the panel took great pains to exhibit their self-righteous indignation, with calls of blatant racism, blah, blah, and more blah.

The only one that said one thing I agree with was Joy (shock!), and that was all Americans enjoy TOTAL free speech. Elisabeth was even out-to-lunch on this one, too, shilling for the politically-correct loons in this country.

I just say, give it a rest, everyone. And for the comediennes (Joy, Whoopi & Sherri) on the panel: cartoons are not ALWAYS meant to be funny - that's the precise nature of editorial cartoons, which this selection by cartoonist Delonas was. An editorial cartoon - meant to be illustrative of one's perceptions of another political group; not humorous to all.