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« Obama: Job Losses Prove That The Stimulus Worked | Main | CHART: Energy Costs And Recessions 1973-2009 »
Tuesday
Jul122011

Obama Admits Massive Stimulus Was A Failure: "Shovel-Ready Was Not as Shovel-Ready as We Expected" (VIDEO)

It was explained to Obama that the permitting process can delay projects for "months to years ... and in many cases even cause projects to be abandoned ... I'm sure that when you implemented the Recovery Act your staff briefed you on many of these challenges." At this point, Obama smiled and interjected, "Shovel-ready was not as ... uh .. shovel-ready as we expected." The Council, led by GE's Jeffrey Immelt, erupted in laughter.

"He's a couple of years behind the rest of America," said Brendan Buck, a spokesman for House Speaker John Boehner, R-Ohio. "But it's refreshing that the president himself is now acknowledging the failure of his stimulus program."

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Featured comments - First from Josie

"Jobs Council?" WTF!!?? 

How much money are we (the taxpayers) spending for this vacation/boondoggle for these puppets.  And Immelt laughs as the economy tanks with TRILLIONS in direct and indirect government stimulus, joblessness gets worse even after the Fed liquifies the corporations and banks (where is the f^^king money, boys?).

GE pays no taxes; GE Capital is an over-leveraged black box of shite, and Jeff takes home $50-$75 million per year...???

---

From Cheyenne

Another boner for Boehner. He voted for the $168 billion Bush stimulus.

http://www.thepoliticalguide.com/roll_call.php?chamber=house&year=2008&roll=25

Maybe Boehner can explain why a $168 billion stimulus is good but a $787 billion stimulus is bad. The Wall Street imbeciles in D.C. understand one thing clearly: fool the mouth-breathers who gather their "news" from TV alone and you're home-free. What a horror show this country has become.

---

The Deficit President should have spent the money on the issues raised by the following story:

---

 

Related...

The Day I Called Larry Summers A Generational Rapist

Stimulus: Generational Rape With A Trillion Dollar Shovel

 

 

 

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Reader Comments (19)

Jun 13, 2011 at 8:01 PM | Registered CommenterDailyBail
Boneheaded Stimulus Never Works

http://www.cnbc.com/id/43244153

Larry Kudlow is right in this case...
Jun 13, 2011 at 8:20 PM | Registered CommenterDailyBail
I'm glad all the housing problems have been solved.

http://market-ticker.org/akcs-www?post=188061
Jun 13, 2011 at 8:57 PM | Unregistered CommenterTR
Another boner for Boehner. He voted for the $168 billion Bush stimulus.

http://www.thepoliticalguide.com/roll_call.php?chamber=house&year=2008&roll=25

Maybe Boehner can explain why a $168 billion stimulus is good but a $787 billion stimulus is bad. The Wall Street imbeciles in D.C. understand one thing clearly: fool the mouth-breathers who gather their "news" from TV alone and you're home-free. What a horror show this country is.
Jun 13, 2011 at 9:29 PM | Unregistered CommenterCheyenne
cheyenne...you want a horror shit show...watch this...

Tonight in New Hampshire, seven Republican candidates for president in 2012—including Michele Bachmann who just announced her candidacy—shared the stage for the primary season's first debate. The showdown was moderated by CNN's John King, who asked tough questions like "American Idol or Dancing with the Stars?"

http://gawker.com/5811604/here-are-all-the-stupid-this-or-that-questions-from-tonights-gop-debate
Jun 13, 2011 at 11:37 PM | Registered CommenterDailyBail
"Jobs Council?" WTF!!??

How much $$ are we (the taxpayers) spending for this vacation/boondoggle for these fuckheads...And Immelt laughs as the economy tanks with TRILLIONS in direct and indirect gov't stimulus, joblessness gets worse even after The Fed liquifies the corporations and banks (where is the fucking money, boys?), GE pays no taxes, GE Capital is an over-leveraged black box of shite, and Jeff takes home $50-$75 mil/year...???

May we live in interesting times...
Jun 14, 2011 at 12:14 AM | Unregistered CommenterJosie
Josie...brilliant rant...i'll clean it up and add it to the story...
Jun 14, 2011 at 1:16 AM | Registered CommenterDailyBail
"Another boner for Boehner. He voted for the $168 billion Bush stimulus."

He did one better Cheyenne, he even cried pleading for it.
Jun 14, 2011 at 1:24 AM | Unregistered CommenterS. Gompers
So the real question is, where did the money go? Since it did not go where it was intended...
Jun 14, 2011 at 1:27 AM | Unregistered CommenterS. Gompers
Yet you never say anything bad about Obama. Go figure.
Jun 14, 2011 at 1:54 AM | Unregistered CommenterPG the PT
Gobie stop farting.
Jun 14, 2011 at 9:23 AM | Unregistered CommenterS. Gompers
May we live in interesting times...
Jun 14, 2011 at 12:14 AM | Josie


Josie, yr letting lose tonight, great. We need a girl to let lose, to show other girls, its time to join the mens game. Its "OK"to put out them Cus words when you get yr Feathers all Rilled Up.....?

To bad we cant wake up the Brain Dead Sheeple, that dont get it....!
Jun 15, 2011 at 11:19 PM | Unregistered CommenterTexas Dar
Josie...brilliant rant...i'll clean it up and add it to the story... @ DB.........

If a Gurl wants to "Rant", please let her Rant. OMG, She is the hottie tonight.... We need a "Crap-Load" more like her to get involved with whats Realy Goin On Today......

Now Were Gettin-Some-Place.............
Jun 15, 2011 at 11:24 PM | Unregistered CommenterTexas Dar
dar...though i understand the confusion, josie is a guy...
Jun 15, 2011 at 11:27 PM | Registered CommenterDailyBail
******* "Opps" ************* ?

Ronald Reagan tells joke about Democrats
http://www.youtube.com/watch?v=QK3Eo9cScEQ&feature=share

Can be used either party.... I know we have a girl, woman, "Lady", that pops in here from time to time. Got the names mixed up, Sorry...
Jun 16, 2011 at 3:04 PM | Unregistered CommenterTexas Dar
@Dar

Yes, as DB said, I am a dude, but my wife thinks I'm a hottie. So she thanks you...
Jun 16, 2011 at 3:21 PM | Unregistered CommenterJosie
Yes, as DB said, I am a dude, but my wife thinks I'm a hottie. So she thanks you...

"Sorry", I have the name wrong with the girl dose check in from time to time, and I love her coments. now if I cauzed you to get Lucky, then I'll take the credit for mixing up the name......

Us guys need all the luck we can trip on........?
Jun 17, 2011 at 9:40 PM | Unregistered CommenterTexas Dar
Josie ................. I found the Girl...... Its Dee. Now im sure she's a lot Cuter than you are. But if yr wife says yr a "Hottie", thats good enough for Dar.......

Thats how my "Lyme Brain" works. Times I cant tell you my cell # till i get my phone and look it up. Sitll I can reamber the words to country - 50-60's rock songs I sang ( Word for Word ) in 7th, 8th grade.

Lyme Disease on the Rise

http://healthypets.mercola.com/sites/healthypets/archive/2011/06/14/lyme-disease-on-the-rise.aspx

As i told the audiance from the stage, Guys, check your girls in every Nook-&-Cranny, nightly too for them Tick's..... You dont want your Sweethart to wind up like Dar with Lymes, and 5 more coinfections in him.

It can destroy your life, and Dreams. Lose everything but the words from songs I sang years ago. You get short term memory loss. But I know It wont cover winding up in the ladys bed down the street becouse I forgot I live at 193, not 391........? But, a guy would try it, wouldent we.........?
Jun 17, 2011 at 10:42 PM | Unregistered CommenterTexas Dar
Way to Call it "Capt. Shit Head".............................
Jul 13, 2011 at 10:58 PM | Unregistered CommenterTexas Dar

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