Stimnulus money not spent yet!

[max]

According to what I heard on Hannity just now, only 12 billion dollars of the multi trillion dollar Obama "stimulus" has been spent to date.

What was the damn hurry then in forcing reps to vote for it without reading it? Remember how we we told that the imminent crisis necessitated immediate action?

They sure are taking their sweet time spending the money into circulation! (Just wait until it gets into the system. Then you will see serious inflation.)

[Elwar]

People like Hannity like to put the spotlight on $700 billion of the stimulus and ignore the $9 trillion bailout by the Federal Reserve (oh ya...there's also the billions of dollars under Bush).

[jrich4rpaul]

You have to realize, that the stimulus was never meant to take effect right away. Obama only pushed it from day one to make America think he was hitting the ground running.

The truth is that the money won't be spent for years, as close to the end of Obama's first term as possible, so when the economy has it's temporary relief, people will think he actually did something and forget about his first three years of failures, and vote for him. Right after his re-election, the economy will tank and the final stages of the plan will take place.

[max]

You have to realize, that the stimulus was never meant to take effect right away. Obama only pushed it from day one to make America think he was hitting the ground running.

The truth is that the money won't be spent for years, as close to the end of Obama's first term as possible, so when the economy has it's temporary relief, people will think he actually did something and forget about his first three years of failures, and vote for him. Right after his re-election, the economy will tank and the final stages of the plan will take place.

interesting analysis...use the money just to keep us afloat for 3 years..."recovery" in year 4...and hyper inflationary collapse hits when he's already a lame duck..