Great News! More Economic Stimulus on the Way

By Doug Powers  •  August 31, 2010 08:57 AM

**Written by Doug Powers

If you’re selling US economy stock short, now is the time to get aggressive:

WASHINGTON (Dow Jones)–President Barack Obama on Monday said his economic team is working to identify new measures to stimulate U.S. growth as part of a “full-scale attack” to strengthen the lackluster economy.

Obama, speaking in the White House Rose Garden, said his economic team is “hard at work in identifying additional measures that could make a difference in both promoting growth and hiring in the short term, and increasing our economy’s competitiveness in the long term.”

It’s right here in the metaphors chapter of Obamanomics 101: “If throwing an anvil to a drowning man doesn’t save him, throw him another one.”

The most unsettling thing about this story is discovering that Team Obama is going to stage a “full scale attack” on the economy, because that means what we’ve seen so far is only a half-assed effort.

Gird your coins.

**Written by Doug Powers

Twitter @ThePowersThatBe

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  1. #1
    On August 31st, 2010 at 9:04 am, Truesoldier said:

    his economic team is working to identify new measures to stimulate U.S. growth as part of a “full-scale attack” to strengthen the lackluster economy.

    Sounds to me like the tax hikes are coming.

  2. #2
    On August 31st, 2010 at 9:07 am, RedDirtRanger said:

    Einstein said:

    Insanity is doing the same thing over and over again and expecting a different result.

    I guess the only “change” we will be likely to see is what will be left in our savings accounts after the Dim(wit)-ocrats are through.

    I’m hoping and working for a huge change in the balance of power come November.

  3. #3
    On August 31st, 2010 at 9:08 am, Rogue Cheddar said:

    I’ve been stimulated to the point of being numb! No more for me please! Thank you very much.

  4. #4
    On August 31st, 2010 at 9:09 am, Rogue Cheddar said:

    Like Ron Paul says, open the vault, let’s see what’s in the vault!

  5. #5
    On August 31st, 2010 at 9:09 am, jsmiddleton4 said:

    Where’s my check? I’ve sent them my mailing address several times. I’ll be more than happy to take a check and stimulate the economy. I’m good at spending.

  6. #6
    On August 31st, 2010 at 9:10 am, jsmiddleton4 said:

    “let’s see what’s in the vault!”

    Geraldo.

  7. #7
    On August 31st, 2010 at 9:11 am, tarpon said:

    Stimulate — that means Big Government spends until the socialists run out of your money to give away.

    Buy now, our Imam should just go out and smack some little white balls around. He sure isn’t having any good come from the spending. I stopped by the Walmart this AM, hadn’t been there for a while, asked the checkout clerk how she liked her Obama economy … the store was like a skating rink …

    Useful idiots never learn.

  8. #8
    On August 31st, 2010 at 9:12 am, Rogue Cheddar said:

    I bet the vault is going to be just like the Al Capone one that Geraldo opened!

  9. #9
    On August 31st, 2010 at 9:15 am, granite said:

    “If throwing an anvil to a drowning man doesn’t save him, throw him another one.”

    Excellent!!

    A version of dangerous, evil idiots’ throwing even more gasoline onto a house fire that they started in the first place.

  10. #10
    On August 31st, 2010 at 9:16 am, 123upnorth said:

    When I witness the total idiocy coming from the Obama administration, I think the best way to headline all of its activity is by stating ‘You can’t make this stuff up’.

  11. #11
    On August 31st, 2010 at 9:20 am, 123upnorth said:

    “I’ve been stimulated to the point of being numb! No more for me please! Thank you very much.”

    LOL!!

    I feel the same way. I have developed chaffing as a result. Obama should spread some lubrication throughout the U.S. economy before the next round of stimulation to lessen the ‘dry rub’ effect.

  12. #12
    On August 31st, 2010 at 9:20 am, granite said:

    On August 31st, 2010 at 9:16 am, 123upnorth said:

    When I witness the total idiocy coming from the Obama administration….

    Make no mistake…this is not mere idiocy.
    This is dangerous, America-hating minions doing the bidding of dangerous, evil, America-hating string-pullers.

  13. #13
    On August 31st, 2010 at 9:22 am, munchnstuf said:

    Obamanomics 101: “If throwing an anvil to a drowning man doesn’t save him, throw him another one.”

    I’m stealing that.

  14. #14
    On August 31st, 2010 at 9:23 am, munchnstuf said:

    Gird your coins.

    And that too.

  15. #15
    On August 31st, 2010 at 9:31 am, madmonkphotog said:

    I need a JOB, not HANDOUTS!

  16. #16
    On August 31st, 2010 at 9:31 am, madmonkphotog said:

    I need a JOB, not HANDOUTS!

  17. #17
    On August 31st, 2010 at 9:34 am, John Deaux said:

    So if the empirical evidence shows that Keynesian economics doesn’t work as advertised, why do they keep doing it?

  18. #18
    On August 31st, 2010 at 9:39 am, cicerokid said:

    Here’s an idea: Resign!

  19. #19
    On August 31st, 2010 at 9:43 am, walterc said:

    John Deaux said:

    So if the empirical evidence shows that Keynesian economics doesn’t work as advertised, why do they keep doing it?

    Because that would mean they were wrong. They signed on to the Keynesian/Marxist style of economics and Liberals are never wrong.

  20. #20
    On August 31st, 2010 at 9:46 am, Dexter Alarius said:

    Dems’ plan during good economic times:
    Raise taxes, deficit spending.

    Dems’ plan during bad economic times:
    Raise taxes, deficit spending.

    Makes perfect sense.
    /barf

  21. #21
    On August 31st, 2010 at 9:47 am, spaceycakes said:

    Gird your coins.

    “…my advice to those who die
    (Taxman)
    declare the pennies on your eyes…”
    –(late, great)George Harrison/Taxman

  22. #22
    On August 31st, 2010 at 9:51 am, Dexter Alarius said:

    “If throwing an anvil to a drowning man doesn’t save him, throw him another, bigger one.”

    Just tweaked it a bit, Doug.

  23. #23
    On August 31st, 2010 at 10:00 am, Straight_Talk_Luigi said:

    Does this mean the Bush tax cuts will expire??

  24. #24
    On August 31st, 2010 at 10:07 am, Ron said:

    Yeah, we got this house fire going so well let’s pour on a little more gasoline! We’ll be outta this problem in no time!

  25. #25
    On August 31st, 2010 at 10:23 am, TooMuchTime said:

    …economic team is working to identify new measures to stimulate U.S. growth…

    This sounds like the ad campaign from the Uranus Corporation.

  26. #26
    On August 31st, 2010 at 10:26 am, sbw999 said:

    WASHINGTON (Dow Jones)–President Barack Obama on Monday said his economic team is working to identify new measures to stimulate accelerate U.S. government growth as part of a “full-scale attack” to strengthen accelerate their goal of destroying the lackluster US economy.

    That’s better. Truth in advertising.

  27. #27
    On August 31st, 2010 at 10:36 am, Dexter Alarius said:

    …his economic team is working to identify new measures to stimulate U.S. growth

    All right! Tax cuts, spending cuts and reduced regulation here we come!
    What?
    Oh. nevermind.

  28. #28
    On August 31st, 2010 at 10:47 am, spaceycakes said:

    awww TooMuchTime–one of my favorite movies!

  29. #29
    On August 31st, 2010 at 11:09 am, TooMuchTime said:

    spaceycakes, if you listen to the video in the link, you’ll hear the woman sing a verse and then go into a type of siren song as a background for the announcer.

    About 15 years ago, I was driving home from work and heard a commercial on the radio where a woman started singing, and then went into a high pitch type of siren song as the announcer told us the virtues of the company. It was for ARCO. As soon as I heard the high pitch “aaaahhh” in the background and the announcer speaking, but saying nothing, I immediately screamed, “The Uranus Corporation lives!”

  30. #30
    On August 31st, 2010 at 11:23 am, rocketman said:

    ***
    And in the runup to the 2012 election–when the socialist / marxist / statist party (aka “democrats”) realize that Comrade Obama (PBUH) is doomed to lose–they will bring in their secret plan for victory.
    ***
    Get ready to see our most brilliant SOS evah–Hillary Clinton–as the DemocRAT who will save us as POTUS.
    ***
    John Bibb
    ***

  31. #31
    On August 31st, 2010 at 11:27 am, TooMuchTime said:

    Get ready to see our most brilliant SOS evah–Hillary Clinton–as the DemocRAT who will save us as POTUS.

    Then Bill Clinton will be the answer to a trivia question: Name the only man to serve as president and first lady.

  32. #32
    On August 31st, 2010 at 12:30 pm, rambler said:

    The definition of insanity is………

  33. #33
    On August 31st, 2010 at 1:05 pm, Southpaw said:
  34. #34
    On August 31st, 2010 at 1:37 pm, cheapseat said:

    My grandkids appreciate all the stimulus being spent on SEIU and the teachers union. It’s going to follow them to their grave, and if they could talk, they would tell the administration “GREAT JOB BROWNIE”.

  35. #35
    On August 31st, 2010 at 2:54 pm, frostrt said:

    On August 31st, 2010 at 9:08 am, Rogue Cheddar said:
    I’ve been stimulated to the point of being numb! No more for me please! Thank you very much.

    —————————————-

    Singing: “The thrill is gone . . . the thrill is gone . . . bay-bee . . . ”

    Actually, in the case of Obama, there never WAS a thrill, as far as I was concerned. I just could never figure out what it was that caused Chris Matthews to get that “tingle up his leg”.

  36. #36
    On August 31st, 2010 at 7:17 pm, TooMuchTime said:

    My grandkids appreciate all the stimulus being spent on SEIU and the teachers union. It’s going to follow them to their grave, and if they could talk, they would tell the administration “GREAT JOB BROWNIE”.

    Go here, cheapseat, and read this blog post. You’ll like the fatal error dialog box and the TurboShare software.

  37. #37
    On August 31st, 2010 at 8:22 pm, jhn1 said:

    It’s right here in the metaphors chapter of Obamanomics 101: “If throwing an anvil to at a drowning man doesn’t save him, make sure you hit him when you throw him another one.”

    Fixxed it

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