There’s been much speculation that President Barack Obama will spend $1 billion to get reelected. Turns out those guesses were off by $446 billion.
What Americans heard last night was a $447 billion political plan, not an economic one. It’s purpose was to a) fire up the demoralized Democratic base and b) show independents that Obama is trying to do something "“ anything "“ to reduce unemployment, not just slash needed "investment"? like those heartless, pro-austerity Republicans.
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