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Sunday, June 20, 2010

What did the stimulus money stimulate?

With the trillions of dollars having been spent on the “stimulus” exactly what did this money stimulate? It was not the jobs market. Unemployment is either 10% or 17% depending on who’s counting. The Obama administration promised that it would top out at 8%. They were either stupid or they lied; in my opinion they were both. But they knew what they were doing: giving money to the states to help them close gaping holes in their budgets and avoid the need to trim bloated government payrolls. The 8% number was a fake number, they had no idea what the real number would be, but like the “shovel ready jobs” pitch, it served its political purpose, getting congress to pass a bill and the public to go along.

So let’s take a survey: do you know where the jobs are that were stimulated by the so-call “stimulus” bill? Were you hired as a result of the stimulus bill?

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