That the stimulus package isn’t going to do squat to help the economy:
World stock markets fell Thursday, with Japan’s Nikkei index losing over 3 percent, amid doubts that U.S. rescue plans costing trillions of dollars will soon restore the health of the world’s largest economy.
Investors seemed more wary than relieved after U.S. lawmakers finally agreed overnight to a $790 billion stimulus bill designed to pull the economy out of recession by creating jobs through spending and tax cuts. President Barack Obama could sign the measure within days.
Every night I listen to the news anchors blather on and on how the stimulus package is going to create 3.5 million jobs and revive the economy. You just know that none of them have actually read the bill or know what’s in it. They’re just propaganda machines for the government. They’re no better than the North Korean news papers.