Context can be so amusing
My home page is BNO News on Twitter, which is a headline aggregator. This morning, I was greeted with this series of headlines:
- AP: Obama adviser says US has come substantial distance back from the abyss of economic disaster.
- Michigan’s unemployment rate in June rose to more than 15 percent, according to the U.S. Labor Department.
- California’s unemployment rate has risen to 11.6 percent in June, according to the U.S. Labor Department.
Based on these headlines alone, Obama seems to be living in a reality apart from that experienced by everyone else in the United States.
Imagine how different things would have been if a small fraction of that “stimulus” had simply been returned to the American people as a tax refund that they could spend or invest immediately.