Our ObamanNation has learned that Vice President Biden now admits the nearly trillion dollar Obama stimulus package was never intended to jolt the economy rather the intent was to increase spending to avoid bankruptcy.
Now only the Obama administration thinks that increasing spending is the best way to avoid bankruptcy but at least this explains why this Obama spending package was so poorly structured in terms of actually helping the economy.
This Obama stimulus package did an excellent job of increasing unneeded government spending; thereby, increasing the government debt without creating or saving any jobs.
