http://thebulletin.us/articles/2010/01/11/top_stories/doc4b4af8d1c8a61389824353.txt
Why The Stimulus Failed
I am beginning to wonder.
Back in February 2009 Barack Hussein Obama stated, without reserve, that he saved the economy. At first he was explaining that you can save the economy without saving jobs. Then he was explaining that you can save the economy without saving the businesses that create jobs. It is now January 2010 and I am now waiting for him to explain how he saved the economy while making more people homeless.
While most Democrats, and most media outlets continue to support the Barack Hussein Obama version of saving the economy, there are starting to be signs that not everyone has been believes the messiah any more.
A record number of Democrats have rushed to announce that they will NOT be running for reelection. If the Democrats are doing such a wonderful job with the economy and the Health Care Deform bill, I wonder why there are so many announcing their early retirement?
Independent reports show that the stimulus bills have had NO noticeable effect on the economy. And when questioned very carefully, some government agencies will even admit that the billions of dollars spent with the stimulus bill has not had any effect on the economy at all.
http://www.foxnews.com/politics/2010/01/11/stimulus-spending-roads-bridges-effect-local-unemployment/?test=latestnews
More Stimulus? Analysis Finds Funds for Roads, Bridges Has Had No Impact
Another news story claims that with the care that went into the stimulus bill, only millions rather than billions went to non-existent locations. This story also mentions that the government claims that 61.5 jobs were created for the minor amount of $26.5 million, which works out to a cost of about $.5 million per job created. However, the jobs created may not exist, as the location the $26.5 million went to does not exist either. Don't you love government oversight of government programs?
Evidently there are still politicians that Barack Hussein Obama has not repaid for past favors, so he is planning on yet another stimulus bill.
So there is no need to worry that this stimulus bill will fail to save the economy. The stimulus bill was never intended to save the economy. It was only intended to pay off political favors. As such, it was a complete success.
Monday, January 11, 2010
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