Right Wing Finance

I stumbled on this image today from the Heritage.org’s article Obama’s Failed Stimulus in Pictures: 10.2% Unemployment

A picture being worth a thousand words, here it is and it’s a doosy:

Behold: The utter failure that is Obama's economic stimulus (click for a larger view)

This goes nicely with Biden’s inane remark that they “guessed wrong” on the economy. As you can see, the Obama administration had wildly unrealistic projections on the effect of the stimulus. The only question in my mind is why?

Clearly the stimulus wasn’t really meant to stimulate the economy, especially since most of it doesn’t get spent until next year before Democrats go up for re-election.

By why are they so foolish as to make outrageous claims that everyone with a brain was saying at the time were unrealistic?

Could they simply be so inept as to actually believe their own rhetoric? Scary indeed.

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