The day after Republican Representative Eric Cantor said we should cancel the rest of the stimulus funds, the Wall St. Journal runs a story clearly stating stimulus spending is helping the U.S. economy climb out of its worse recession since the Great Depression.
I'm not trying to give off the wrong impression on this at all. The economy is slowly turning around. Things are not where they need to be but they are getting better. It will take time, sometimes more time than we have patience for. The Dow is up roughly 10% since Obama took office. Unemployment is finally starting to languish. The manufacturing sector grew in August for the first time in almost two years. Consumer spending is up. Consumer confidence soared at its fastest rate in years. Turn around is upon us. People going around saying we should cancel the rest of the stimulus, freeze spending and calling efforts at reform a failure, are defeatists. Eight months ago they would have been called anti-American. I won't dare go that route, but they are doing this country no favors at all.
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