Saturday, April 27, 2024

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57 percent of adults say Obama “stimulus” having no impact on the economy, or making it worse

imageSlow news day?  Not really, despite the appearances in the media.

The real story today may be that there is a real fear growing among Americans that America is on a disastrous path.  Don’t just take it from me — the plethora of polls that are available to all the media themselves point to this, and over the past few weeks, I’ve exposed them for you here at PTBC several times in lieu of the media doing their jobs. 

No let me start this again:  the real story here is the perfidy of the media

On news of a terrible dive in the stock markets despite their man Obama causing all those “green sprouts” with his magical “stimulus” cash taken only from “rich” taxpayers, the CBC speaks today of the failure of “saviors” of the world economy —without mentioning Obama once!  Huh!

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CBC Newsworld anchor Andrew Chang:  After several months of optimism … extreme pessimism is back today… Jeanie Lee joins us now… what’s happening with the markets?

CBC “YOUR BUSINESS” reporter Jeannie Lee:  Well Andrew they’re back to obsessing again about whether those reports of the recession’s death may have been exaggerated!

“Obsessing”?!  “Exaggerated”?  By whom, pray tell?  Magical fairies?  How about naming names?  (1) Jennie Lee…

Her grand explanation continues from the halls of the socialism-reliant, state-owned news media, in hilarious oxymoronic fashion:

CBC “YOUR BUSINESS” reporter Jeannie Lee:  Because they’ve really been counting on two things to save the world’s economy.

And here’s where I naturally expected her to say “Barack” (as her #1), and “Obama” (as her #2), because that’s exactly how they’ve cast the situation up to now.  Barack Obama, if elected, will save all manner of things, and not just the world, if I understood correctly, and I did. 

But here’s her list of saviors:

CBC “YOUR BUSINESS” reporter Jeannie Lee:  …First of all the American consumer. But when we saw that retail sales and consumer confidence were still down in the U.S., the cracks started to appear in the confidence.

So “first of all,” it’s your fault, Americans!  Then it’s a statement which lacks any meaning whatsoever, and simply begs the question, which is a logical fallacy, in addition to being an Obama coverup/suckup statement.  But anyway, welcome to the new #1 culprit.  “Not Obama”.  (Used to be “Bush”, and “Republicans” and/or “conservatives”, mmmmaybe “neocons”, and possibly “Christians” or “the Christian-right”.  Now it’s “you”.

She went on:

CBC “YOUR BUSINESS” reporter Jeannie Lee:  The other savior is supposed to be the Chinese economy!

It was?  I’m sure they told us it was going to be “Obama”!

CBC “YOUR BUSINESS” reporter Jeannie Lee:  But now we have China’s central bank making noises about whether it might tighten up on lending. …

China’s not offering a multi-trillion-dollar “stimulus” plan using borrowed money from, um, China, and their Communist leadership isn’t offering to take over vast portions of the Chinese economy, huh?  Well that’s weird.

I really don’t need a socialism-reliant, state-owned media reporter to tell me about business anyway, but just in case, the CBC completely ignored the Obama connections.  Meanwhile, here’s what Fox News Channel and USA Today, and no media in Canada, are reporting today, among other very similar Obama-related polling: 

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Poll: 57% don’t see stimulus working

By Brad Heath, USA TODAY

WASHINGTON — Six months after President Obama launched a $787 billion plan to right the nation’s economy, a majority of Americans think the avalanche of new federal aid has cost too much and done too little to end the recession.

A USA TODAY/Gallup Poll found 57% of adults say the stimulus package is having no impact on the economy or making it worse. Even more —60% — doubt that the stimulus plan will help the economy in the years ahead, and only 18% say it has done anything to help improve their personal situation.

That skepticism underscores the challenge Obama faces in trying to convince the public that the stimulus has helped turn the economy around. It also could complicate the administration’s plans to overhaul the nation’s health care system. …

Dontchyathink that could have something to do with (a) the stock market tanking, and (b) the fact that there’s no confidence in the marketplace generally?

And how about this poll, which betrays at least the possibility that Americans are freaked-out about the direction Obama is trying to take the economy and America generally?  Robust confidence in the administration is a prerequisite to lifting the American (and then image the Canadian) economy out of the deepening and lengthening Obama recession.  They’re not confident.  Hello Mizz Lee. 

News today that the relatively moribund Euroliberal economies of France and Germany are actually growing and improving, and possibly even coming out of recession, must be disconcerting as well, since Obama has already committed America (in deceptive, panic-creating, fear mongering and confusion-inducing “emergency” fashion) to trillion-dollar “stimulus” deficits and debt even while admitting they haven’t read the 1300-page bill.  The relatively conservative governments of Sarkozy and Merkel invoked only relatively passive and minor government “stimulus” and intervention into their economies, compared to the Obama administrations, despite the pleadings of Obama while overseas to do like him.  This fact is now being seen by The People for what it is:  all that meddling and spending in the U.S. was likely unnecessary, and possibly worse than merely unnecessary, as some of us warned. 

But they don’t report that.

The CBC’s intrepid investigative journalists at their 24-hour news channel —including those reporters based in Europe (she’s covering the story about the Italian lottery’s big jackpot) and in the U.S. (hurricanes!), have found the time and financial resources (all yours) and are reporting on the crucial stories seen in these CBC banners, this morning: 
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The only reasons for a news media not reporting important things on a slow news day is that they’re doing an absolutely terrible job and are lazy and inept and worse than useless;  or they’re trying to keep information from you and are trying to misinform you.  I actually think there’s a multitude of problems here, but either way, you need to find a new source for your news.

Joel Johannesen
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