Well they are all weighing in now. All the economists have had a chance to view the June jobs report and guess what friends? The “stimulus” package is not very…shall we say stimulating!
Now I can afford to be this critical and consider myself a safe bet with my facts. You see the quick fix results promised by Obama and his cohorts isn’t producing, no surprise there.
In June, the big bad corporate [and mom and pop] employers cut 467,000 jobs and unemployment has risen to a 26 year high of nearly 10 percent. All the money men economists had expected much less job loss but given the facts of life, it seems Mr. Obama failed miserably to create new jobs for the American people as he had promised.
Now what is most interesting about this whole idiotic waste of my future hard earned dollars is the catchy phrase 'shovel-ready construction projects'. I was supposed to feel warm and fuzzy about this catchy sales pitch. The reality then [as is now] is profoundly simple. Shovel ready projects are not so ready and the construction industry has continued to shed jobs. Most tradesman such as architects and builders have lost their job and their faith in 2009 alone because there's not enough construction planning coming forward. The short answer: The stimulus bill was a lot of money that was poorly spent, poorly targeted, and is not having the effect that was promised to us…. How democratic! Back in February, the director of President Obama's National Economic Council, Larry Summers, promised the effects of the stimulus would "begin almost immediately." In addition, White House Budget Director Peter Orszag said Americans would see stimulus benefits in "weeks to months," and Christina Romer, chair of the President's Council of Economic Advisers, predicted "we will start adding jobs, rather than losing them, at more than half a million a month. Well guess what? I have seen the effects immediately. Alto of my tenants have to move because they can’t afford to pay their rent and there is no one beating down the door to rent these units either. So why was the stimulus package such a ineffective line of bull? It is very simple. It was authored by a bunch of tax and spend liberals who only seek to re-distribute wealth to everyone accept we the people that need. Most if not all of it was pork barrel spending with the only goal of taking private sector funds and using it to fund favors at home.
Representatives like Chris Murphy, John Larson, Joe Courtney and the rest of their co-horts should all be impeached. Why? They’ve taken money from the private sector to have to pay for the stimulus package which was nothing more than returning favors.
What is most interesting is this: Most of the stimulus money will be used after a two to three year period so there is no big effect right now. As for we the people? Well we’ll just have to suck it up for now….tighten our belt and ride out the next year.
And I ask again: What exactly were you thinking people?
Now I can afford to be this critical and consider myself a safe bet with my facts. You see the quick fix results promised by Obama and his cohorts isn’t producing, no surprise there.
In June, the big bad corporate [and mom and pop] employers cut 467,000 jobs and unemployment has risen to a 26 year high of nearly 10 percent. All the money men economists had expected much less job loss but given the facts of life, it seems Mr. Obama failed miserably to create new jobs for the American people as he had promised.
Now what is most interesting about this whole idiotic waste of my future hard earned dollars is the catchy phrase 'shovel-ready construction projects'. I was supposed to feel warm and fuzzy about this catchy sales pitch. The reality then [as is now] is profoundly simple. Shovel ready projects are not so ready and the construction industry has continued to shed jobs. Most tradesman such as architects and builders have lost their job and their faith in 2009 alone because there's not enough construction planning coming forward. The short answer: The stimulus bill was a lot of money that was poorly spent, poorly targeted, and is not having the effect that was promised to us…. How democratic! Back in February, the director of President Obama's National Economic Council, Larry Summers, promised the effects of the stimulus would "begin almost immediately." In addition, White House Budget Director Peter Orszag said Americans would see stimulus benefits in "weeks to months," and Christina Romer, chair of the President's Council of Economic Advisers, predicted "we will start adding jobs, rather than losing them, at more than half a million a month. Well guess what? I have seen the effects immediately. Alto of my tenants have to move because they can’t afford to pay their rent and there is no one beating down the door to rent these units either. So why was the stimulus package such a ineffective line of bull? It is very simple. It was authored by a bunch of tax and spend liberals who only seek to re-distribute wealth to everyone accept we the people that need. Most if not all of it was pork barrel spending with the only goal of taking private sector funds and using it to fund favors at home.
Representatives like Chris Murphy, John Larson, Joe Courtney and the rest of their co-horts should all be impeached. Why? They’ve taken money from the private sector to have to pay for the stimulus package which was nothing more than returning favors.
What is most interesting is this: Most of the stimulus money will be used after a two to three year period so there is no big effect right now. As for we the people? Well we’ll just have to suck it up for now….tighten our belt and ride out the next year.
And I ask again: What exactly were you thinking people?
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