Another Day Older and Deeper in Debt

What did Porkulus do to cut unemployment?

Nothing. Nada. Zip. Zero.

The striking observation is that after correcting for the higher starting point, the actual performance of the economy is almost exactly what Romer and Bernstein said would happen if we had done nothing, rather than passing the $800 billion package.

The (D) Machine is not stupid. They achieved exactly what they wanted to: increased the national debt while spending money on their favorite constitutencies: gummint workers.

The rest of you? Eat cake. We hear Spain's very nice this time of year.

Lots more at the Examiner link.