WTF, Geith?
You FED GUYS are ALL LIES, ALL the TIME, huh?
"Geithner tells Congress stimulus plan is working" by Anne Flaherty and Jim Kuhnhenn, Associated Press | July 11, 2009
WASHINGTON - Despite persistently high unemployment, Treasury Secretary Timothy Geithner said the Obama administration’s economic stimulus plan is on the “expected path.’’
Better tell your bosses because they don't seem to know that.
Related: No Sign of AmeriKan Economic Recovery
“There’s been substantial improvements in arresting what was the worst recession globally we’ve seen in generations,’’ Geithner told lawmakers yesterday. Geithner’s remarks came amid waning public support for President Obama’s economic policies....
Yup, the mask is off!
About 2 million jobs have been lost since Congress passed Obama’s stimulus package in February. Unemployment now stands at 9.5 percent, the highest in 26 years. Some Obama allies have been calling for Congress to pass a second stimulus package.
That is the THIRD TIME I've heard that mentioned!
Also see: Slow Saturday Special: Handing Away Affordable Housing Loot to Developers
Geithner said the rate of decline in the economy has slowed, consumer confidence has improved, the financial system is healing, and concern about a financial meltdown has receded. “Those are critically important signs of initial progress,’’ Geithner said.
He obviously hasn't seen today's Globe.
Related: Dr. Geithner's Diagnosis
Geithner said joblessness is an inescapable element of a recession and that unemployment continues to rise even as an economy begins to improve.
Umm, really, Tim, I'm tired of being fed shit by you guys!
STFU now!!!!!!!!!!
"Weekly claims remain far above the 300,000-350,000 range that analysts say is consistent with a healthy economy"
Translation: A "HEALTHY" economy REQUIRES LEGIONS of UNEMPLOYED WORKERS to DRIVE DOWN WAGES!!
But THIS economy is supposed to be FOR YOU, readers!
Representative Michael Rogers, a Republican from Alabama, challenged Geithner’s assertion that business and consumer confidence was improving. Geithner countered that the recession was a long time in the making and that recovery will take time as well....
But you are "on track" with the stealulus, 'er, stimulus.
--more--"
