Wednesday, October 21, 2009

Your Childrens Tax Dollars at Work

Ways & Means Committee: "According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted. Only North Dakota has seen net job creation following the February 2009 stimulus. While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs."

The worst part about all this is...
...Did we expect anything different?

No.

...Did we proceed regardless?

Yes.

There is no denying the realities of atrocious government policy, and this is but the beginning.
Thank you Bush and Clinton and Bush and Obama for your train wreck economic policies and contemptible spending of my money.

5 comments:

Jordan said...

There's only one thing all the politicians agree on. Spend, spend, spend.

Palm boy said...

Jordan, it's terrifying how often they agree on that.

K-Rod said...

Almost half the wage earners don't even pay federal income tax; that's a reason why there isn't more outrage.

Here is a nice graph showing the difference between the Obama propaganda and reality. It shows how we would be better off without the stimuloss.

http://michaelscomments.wordpress.com/2009/10/02/september-unemployment-the-job-loss-accelerates/

I do support Obama on using tax dollars for infrastructure projects for roads and bridges.

Solameanie said...

Without doing any research to corroborate at the moment, I have a hunch if you were to look and see how most of the "stimulus" money has been spent thus far, you'd see a lot of it going to pork barrel projects and lining pockets instead of infrastructure work. Even Democratic Governor Ed Rendell of Pennsylvania was complaining about that the other day..that if any more "stimulus" was done, it ought to go to infrastructure.

The best stimulus for the country would be for Congress to adjourn, and for Obama/Biden to resign. And the succession line in the Cabinet needs to resign until they get to Gates or Ray LaHood. At least they could be caretakers until the next election.

Hey, I dream big.

K-Rod said...

We are in a major credit crunch.

Monetary velocity is needed NOW and cutting the Cap Gains Tax is one way to stimulate investment in the economy, not a huge investment in government bureaucracy.

The Obama stimuloss plan is nothing but a huge investment in big government; so we can now look forward to an even bigger government creating even more problems.

Then Obama and the Dems can use that "crisis" to double down and do it again.

Hang on, it's going to be a very bumpy ride...