Two highlights from last night's press conference with the President:
The first step we took was to pass a recovery plan to jump-start job
creation and put money in people's pockets. This plan's already saved
the jobs of teachers and police officers. It's creating construction
jobs to rebuild roads and bridges.
Huh? Has any money been spent yet? I think he's referring to the part in this speech where he mentions $2 billion in Justice Department funding. But I don't think any of it has been spent yet.
And someone should explain to the President that teachers and police officers don't get fired very often. They are not the most at-risk parts of the employment picture.
Then there's this (HT: Steven Spiller):
long run is not with a budget that continues the very same policies
that have led us to a narrow prosperity and massive debt. It's with a
budget that leads to broad economic growth by moving from an era of
borrow and spend to one where we save and invest.
Glad the era of borrowing and spending will be ending soon: