{"id":7241,"date":"2010-10-01T10:05:23","date_gmt":"2010-10-01T14:05:23","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=7241"},"modified":"2010-10-01T10:05:23","modified_gmt":"2010-10-01T14:05:23","slug":"stimulusfail-white-house-tries-to-issue-its-own-stimulus-report-card","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/7241\/stimulusfail-white-house-tries-to-issue-its-own-stimulus-report-card\/","title":{"rendered":"#stimulusfail: White House Tries to Issue Its Own “Stimulus” Report Card"},"content":{"rendered":"

How’s this for drive-by media bias?\u00a0 Today’s Washington Post<\/em> runs the deceptive headline “Report Gives Stimulus Package High Marks.”<\/a> Hmmm.\u00a0 That sounds like a counterintuitive “Man Bites Dog” story worth reading.\u00a0 So who issued the report?\u00a0 The Post’s<\/em> first paragraph admits that it comes from White House itself.\u00a0 Worse, it was overseen by that respected rock of good judgment and common sense, Vice President Joe Biden.<\/p>\n

Even with that baked-in bias, the White House report doesn’t seem to focus on how the $814 billion “stimulus” supposedly succeeded.\u00a0 Rather, it emphasizes how the effort has already distributed 70% of the allocated funds, and managed to avoid “the fraud charges that plague more routine government spending programs.”\u00a0 That’s it?\u00a0 That’s the best that even Joe Biden can claim?\u00a0 That should actually come as discouraging news, not encouraging news, to “stimulus” proponents.\u00a0 After all, if 70% of its funds have already been spent, but we still haven’t experienced its promised results, what remains other than $814 billion added to our nation’s debt?\u00a0 The White House promised that unemployment would top out twelve months ago at 8% if the bill passed, but we remain stuck at 9.6%.\u00a0 Instead of igniting our economic furnace, it has merely clouded growth and undermined the business and hiring climate.<\/p>\n

The White House and its apologists speculatively claim that the “stimulus” averted another great depression, but today’s Wall Street Journal<\/em> carries an analysis<\/a> by former Senator Phil Gramm devastating that assertion.\u00a0 Gramm compares U.S. growth and employment figures to other developed countries that didn’t engage in the irresponsible “stimulus” profligacy we did, and shows that we lag far behind.\u00a0 As the Post story notes, Obama’s “stimulus” was “the largest effort in U.S. history to counteract the effects of a recession.”\u00a0 All it has done is prove once again that government doesn’t create jobs or growth, but economic uncertainty and debt.<\/p>\n","protected":false},"excerpt":{"rendered":"

How’s this for drive-by media bias?\u00a0 Today’s Washington Post runs the deceptive headline “Report Gives Stimulus Package High Marks.” Hmmm.\u00a0 That sounds like a counterintuitive “Man Bites Dog” story worth reading.\u00a0 So who issued the report?\u00a0 The Post’s first paragraph admits that it comes from White House itself.\u00a0 Worse, it was overseen by that respected […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[860,59,19,24,179,105,71,28,44],"class_list":["post-7241","post","type-post","status-publish","format-standard","hentry","category-posts","tag-biden","tag-deficit","tag-economy","tag-obama","tag-stimulus","tag-tax","tag-taxes","tag-tea-party","tag-white-house"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=7241"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7241\/revisions"}],"predecessor-version":[{"id":7242,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7241\/revisions\/7242"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=7241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=7241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=7241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}