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Huffington Post putting out B/S Propaganda claiming Stimulus is dried up

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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 07:21 AM
Original message
Huffington Post putting out B/S Propaganda claiming Stimulus is dried up
That is a total lie most of the money hasn't been spent yet http://www.huffingtonpost.com / http://online.wsj.com/article/SB10001424052748704804204...
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Imajika Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 07:57 AM
Response to Original message
1. Your WSJ article is from Feb 17th
4 1/2 months have passed.

There is about 28% of the stimulus left if you count the money remaining + tax cuts.

So yeah, the stimulus is beginning to run out.

http://projects.propublica.org/tables/stimulus-spending...

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JamesA1102 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 08:09 AM
Response to Original message
2. HuffPo has been putting out more and more BS of late. nt
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Greybnk48 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 09:00 AM
Response to Reply #2
5. A lot of anti-dem BS lately. Agreed.
They publish anti-Obama pieces at every chance and are really flogging the Gore non-story. How convenient for the Oil companies to have Gore trashed at this moment in time...the guy who has emerged as the highest profile environmentalist in the world.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 09:25 AM
Response to Reply #2
6. .Arianna is changing colors again.
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 09:27 AM
Response to Reply #2
7. Explain why the article is "BS"
Supporting material, please.
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JamesA1102 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 10:07 AM
Response to Reply #7
8. The OP did that rather well already, NT
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spiritual_gunfighter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 08:26 AM
Response to Original message
3. I think you are the one putting out the propaganda
With federal stimulus funds running out, economic worries grow
Much of the $787-billion stimulus has been spent, creating jobs and extending jobless benefits. But with lawmakers reluctant to approve more funding, concerns are rising about staving off another recession.

With home sales sliding, employers reluctant to hire and world stock markets gyrating wildly, the U.S. economy is in danger of stalling. Now one of its only reliable sources of fuel is running out: federal stimulus spending.

Funds flowing from the $787-billion legislation passed last year have helped create hundreds of thousands of jobs and propped up social programs such as unemployment benefits. But with much of that money spent and lawmakers reluctant to approve another big round of spending, concerns are rising about what will replace it in the short term to keep the economy moving.

Jitters about a global slowdown pounded world markets Tuesday after an index forecasting Chinese economic activity was revised downward and Greek workers walked off the job to protest government budget cuts. In the U.S., the Dow Jones industrial average plunged 268 points on news from the Conference Board that consumer confidence fell in June after three straight months of gains.

Economists worry that the weak labor market will spook U.S. consumers, whose spending fuels the economy. Dwindling federal stimulus funds are only heightening those fears.

http://www.latimes.com/business/la-fi-0630-stimulus-201...
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 08:53 AM
Response to Original message
4. It is ending, it was designed to be spent into this year but a lot of it is gone.
And still Rethugs want more austerity even though economists say that is the wrong thing to do in a recession. At the very least, the House and Senate need to pass a stand alone unemployment benefits bill.
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Phx_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 12:00 PM
Response to Original message
9. Posting B.S. propaganda is SOP at Huff Post
Edited on Wed Jun-30-10 12:01 PM by Phx_Dem
They love to post videos of Rachel's show, but they decided her segment about all the things Obama has accomplished wasn't worthy.

Huff Post seriously sucks.

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