Stimulus, It Started with a Simple Kiss
- Posted by Jeff Carter
- on June 5th, 2012
Since Obama is singing songs, I thought I would try to compose one. The economic policies he has put in place have been a disaster. Not only do we have an anemic “recovery”, but we have significantly increased our debt, increased our amount of regulation, and created huge economic disincentives for private growth.
With much apologies to Lennon-McCartney and the Beatles. Sung to the tune of “Yesterday”.
Stimulus, it was s’posed to launch us into bliss
But we know something is amiss
I don’t believe in stimulus
QE2, it was s’posed to be something new
But Bernanke has us feeling blue
I don’t believe in QE2
Why did they increase the debt?
I don’t know, they wouldn’t say
Now, there’s something wrong
They had donors, they had to pay
Soon, the voters will have their say
Debt and taxes gettin’ in the way
Oh I can’t wait until that day.
US Change in Nonfarm Payrolls data by YCharts
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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