Obama’s Stimulus Predictions vs. Reality, Illustrated with Pennies
As June is now coming to a close, I found a very interesting video reflecting on Obama’s predictions for June, made 5 months ago.
In February, we were all in a fuss over whether to pass the great economic stimulus bill. At that time, Obama said that it would save over 3 million jobs by the time June rolled around.
Now that June has come and gone, how has Obama’s plan panned out?
Here’s the minute-and-a-half long video:
Ouch!
I like Obama, he’s certainly a likeable fellow. But I think that is exactly the problem. Everybody “likes” him so much that we are glossy-eyed on the tough issues. The mainstream media loves Obama so much they simply gloss over this stuff, and don’t even report it.
Matter of fact, what’s the purpose of even having a “freedom of the press,” not controlled by government, if the press is simply pandering to the government, anyway? We may as well just have a state-run press, like China or North Korea. In fact, we should just have the president write the headlines himself =).
I looked up the video-creator’s website, and he has more commentary on it there as well [LINK].


Funny, indeed! And the penny guy is a great explainer, for which he deserves great respect. But this one is a little misleading as to the nature and context of the prediction. More responsible (though less entertaining) commentary is at http://www.factcheck.org/politics/making_sense_of_stimulus_spending.html as well as in the comments to which you linked.
Very excellent resource, thanks for the heads up! =)