Wednesday, August 05, 2009

Obama Officials Don't Dismiss Possibility of New Taxes - Political News - FOXNews.com

Obama Officials Don't Dismiss Possibility of New Taxes - Political News - FOXNews.com: "Administration officials say they hope to see positive economic growth before the end of the year, and credit the $787 billion Recovery and Reinvestment Act passed in February with preventing recession from going into depression.

The legislation -- opposed by all but three Republicans in the House and Senate -- was intended to help save or create 3 million to 4 million jobs. But since that time, the jobless rate has grown to 9.5 percent, higher than the administration predicted even without a stimulus package."

If your predictions are proved completely wrong then maybe you should rethink your theory!

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