The following video segment involves Chris Hayes revealing a “glaring bit of hypocrisy” on the part of Paul Ryan related to the issue of stimulus spending and the economy. Needless to say, Ryan had a different opinion of the effectiveness of stimulus spending under George Bush than he did under Barack Obama.
You have to see this segment in order to believe it. The pro-stimulus Paul Ryan of 2002 sounds like the pro-stimulus Barack Obama of 2009. What a pile of fetid feces has the GOP become:Vodpod videos no longer available.
By the way, in the discussion that follows the above clip, Michael Grunwald, author of The New New Deal, which “reveals the vivid story behind President Obama’s $800 billion stimulus bill,” said this about the effectiveness of that bill:
People forget that in the fourth quarter of 2008, GDP fell at a 9% annual rate. That’s a depression. At that rate we would have lost an entire Canadian economy in 2009. In January of 2009 we lost 800,000 jobs. Then we pass the stimulus. The next quarter had the biggest improvement in jobs in 30 years.