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There’s Not Much Hope in Stimulus

02/16/10 Stockholm, Sweden – A great deal of change, in the form stimulus, has been tried at the hope casino. Congress gambled big in hopes of a genuine recovery… with jobs even…  but, reality has fallen far short.

In the place of a real recovery we’ve landed a false one. Instead of sustainable economic growth, the nation’s been saddled with a deficit growing far into the future. It’s been about as hopeless as a real-life casino.

The cartoon below came to our attention via Jesse Felder.

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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2 Responses

  1. Tony Schneider said

    you are so right

    on February 17, 2010.
  2. Mark Supak said

    I HOPE they CHANGE their minds, and STIMULATE themselves to stop screwing up our economy.

    on February 18, 2010.

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