RagingTantrum.com

This just in:

President Barack Obama said on Monday accelerated stimulus spending would create or save 600,000 jobs over the next 100 days, pledging action to slow the growth of unemployment that has reached a 25-year high.

“We’ve got a long way to go, but I feel like we’ve made great progress,” Obama said at a White House meeting with Vice President Joe Biden and cabinet officials aimed at highlighting gains made since Congress passed the massive stimulus package in February.

With all due respect, Mr. President, wasn’t the whole point of rushing the stimulus package through Congress to allow immediate spending?  We knew that the situation was grim and required urget reaction– why haven’t we been going full speed ever since?

The United States has some more company in the stimulus sweepstakes. Japan has just announced an additional Y15.4 trillion in spending and tax cuts, a move obviously intended to stimulate their struggling economy. WSJ.com:

Conservative pundits have taken great joy in blaming President Obama for the recent declines in the stock market. But it’s outrageous to suggest that an administration that has been in place for less than eight weeks could possibly have such a significant impact on the market.