Fed stands by stimulus and says tax increases and spending cuts have slowed economy

  • Article by: MARTIN CRUTSINGER , Associated Press
  • Updated: May 1, 2013 - 6:42 PM
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  • 1 - 4 of 4
theagonybhoMay. 1, 13 3:45 PM

What a crock, the 3 stimuli have done nothing but artificially prop the stock and housing markets up and the spending cuts were much ado about nothing. If you want the real culprits its higher taxes and businesses realization of what Obamacare will cost them.

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blahstateMay. 1, 13 5:45 PM

Why is it so hard for team Obama to accept the fact that their strategy didnt work, isnt working, and wont work. ADP just had revised figures that proved that Obamacare is already effecting hiring. I guess we can expect more denial as this unfolds as well. How Obama got elected in 2008 is a real mystery. After some of you voted to re-elect him after his failed first term and that is just flat out mind blowing. alt out l

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blahstateMay. 1, 13 5:46 PM

Why is it so hard for team Obama to accept the fact that their strategy didnt work, isnt working, and wont work. ADP just had revised figures that proved that Obamacare is already effecting hiring. I guess we can expect more denial as this unfolds as well. How Obama got elected in 2008 is a real mystery. After some of you voted to re-elect him after his failed first term and that is just flat out mind blowing. alt out l

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blahstateMay. 1, 13 6:24 PM

Can anyone explain why the revised job figures always show far fewer jobs than what team Obama originally publish? This is really horrible news and a clear sign that Obamacare will have a negative effect on our economy like most of us knew it would. We are in year five of Obama policies. Dont you think its about time to admit the truth?

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