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View Full Version : Obama Stimulus Package Could Turn Recession Into A Deprssion



El Nino
01-28-2009, 08:14 AM
CNN reports: http://www.youtube.com/watch?v=R3FRAzULv8A

thx1138
01-29-2009, 12:23 AM
It already IS a depression: http://georgewashington2.blogspot.com/2009/01/merrill-lynchs-chief-economist-were.html

El Nino
01-29-2009, 01:50 AM
I Stand corrected!

BrendaQG
02-11-2009, 09:57 PM
See the thread where I put the report from the Congressional Budget Office which says that if this plan passes it will first stimulate the economy for a couple years, then cause a 10 year long period of shrinking GDP, in other words, a depression.

Looks like high times to be a whore.

El Nino
02-12-2009, 12:51 AM
Yes Brenda, I already know this.. Obama knows this... a shit ton of people know this... but even more don't. The masses, if you will. The media and government never tell it like it really is, it seems. But the truth is always out there in the open (like this doc) if you know where to look and how to interpret.

It is far worse than what the document reads however. I believe that if this stimulates the economy at all, it won't be more thatn 2 or 3 months. They are just buying a little more time so that they can prepare, if you wll