Barack Obama signs the stimulus bill: Five years later


WASHINGTON, Feburary 18, 2014  — Five years ago, America woke up to an impending disaster.

Barack Obama signed the stimulus bill.

America was already mired in a recession.  Gone were the good times of just five years earlier when America was rocketing towards full employment and things were bright and the future hopeful.

Now, five years on, there are lessons we need to learn from one of the greatest disasters ever to befall America.

First America should have learned that the liberal policies championed by the Party of Treason don’t work.

Five years into the stimulus, America remains mired in the Great Obama Depression.  Does anyone remember Obama’s promises about the stimulus?  They turned out to be as untruthful as his promises about Obamacare.

We have two case studies about depressions that happen when we have leftist administrations, and two case studies about how you end a recession quickly with free market principles.

Franklin Roosevelt tried the same thing that Barack Obama has tried.  He tried to increase taxes and increase spending to a massive amount. His Great Depression lasted eight years and only World War II got us out of it. Even then, Roosevelt had a field day with socialist central planning of the war. Everything during World War II was rationed.  One can only imagine how bad the post war years would have been if Roosevelt had not died in office.

Barack Obama did the same thing.  We have seen massive increases in government spending.  He has raised taxes, though not nearly to the degree he wanted.  Have we seen an economic recovery?

The mainstream media, or as some call it, Obama’s Praetorian Guard, loves to claim the recession ended in 2009.  Of course, their credibility is right there with the supermarket tabloids that claim that Elvis is still alive and space aliens visit the Pope.

Five years into the Great Obama Depression, there is no end in sight.  If the unemployment numbers were not cooked by the Obama Regime, unemployment would be well into double digit figures.

Contrast that with what Ronald Reagan and George W. Bush faced.

President Reagan faced the legacy of Jimmy Carter.  He immediately pushed for dramatic tax cuts.  By 1983, the economy had turned around.  In fact, by 1984, the economy was doing so well that the American people swept him back into office with a massive landslide.

In 2001, George W. Bush took office with the economy going into a nosedive.  He immediately pushed not one but two rounds of tax cuts. The economy, despite the economic damage caused by 9/11, roared back to life.  By 2004, America was at full employment.

This is the truth the left does not want America to learn. Conservative solutions work. Liberals have to lie about what they want because their solutions don’t work.

It is no accident that the great recession began in 2007 after the Republicans managed to screw up politically and let the Democrats take control of both the House and the Senate.

If America ever wants to get out of the Great Obama Depression, there is one simple formula.  We must cut government spending and cut taxes.

Do that and the economy will take off and we will go into a recovery. But as long as the Democrats pursue the politics of socialism and the Republicans are too gutless to fight, America will remain as a nation in decline.

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Judson Phillips is the founder of Tea Party Nation, one of the largest Tea Party Groups in the country and the number one national tea party site on the Internet. A lawyer by profession, Judson has been involved in politics since his teens. “Ronald Reagan inspired me,” he says. Judson became involved in the Tea Party movement in February 2009 after hearing Rick Santelli’s rant on CNBC. “I heard there was going to be a Tea Party in Chicago inspired by Santelli, but didn’t know if anyone was doing a rally in Nashville where I was based. Finally I emailed Michelle Malkin and asked her if there was a Tea Party in Nashville. Malkin sent an email back saying, ‘No, why don’t you organize one?’ I did.” The first Tea Party in Nashville was held late February 2009 which drew a crowd of about 600. Judson then organized the Tax Day Tea Party in Nashville, which drew over 10,000 people into downtown. It was at this time that Tea Party Nation was formed. Later that year, Judson decided to bring activists from across the country together, so he organized the first National Tea Party Convention in February 2010, which featured Alaska’s former Governor and Republican Vice Presidential Nominee, Sarah Palin as it’s keynote speaker. He currently manages the Tea Party Nation website, writes several daily columns and is working on more projects than any one person should. He is a frequent guest on cable and broadcast news shows, including on Fox, MSNBC, CNN and others.
  • Gray Eagle

    Up until “if you like your Doctor, you can keep your Doctor” the stimulus bill defined by obama was the biggest lie he spouted as of yet,, when he said that “thousands of shovel ready jobs are ready & waiting now”. Todate , less than 10 % of the stimulus was spent on “shovel ready” jobs,, the majority of the stimulus money went to pork promised projects that obama owed as a debt to his “supporters”