Monday, June 08, 2009

Obama Pounds the Table on Stimulus: Just So Much Hot Air

That is what happens when you have Pelosi and Reid write the "stimulus" bill instead of doing it yourself.

"I know that they are some who, despite all evidence to the contrary, still don't believe in the necessity and promise of this recovery," Obama said. "And I would suggest to them that they talk to the companies who, because of this plan, scrapped the idea of laying off employees and in fact decided to hire employees. Tell that to the Americans who received that unexpected call saying, `Come back to work.'"

The only company that I can think of that is doing that is Wal-Mart there might be others but not enough to really make a difference. This is the reality of what the "stimulus" did.

Obama has claimed as many as 150,000 jobs saved or created by his stimulus plan so far, even as government reports have shown the economy has lost more than 1.6 million jobs since Congress approved funding for the program in February.

Even if by some magic accounting trick 150,000 jobs were actually saved it still means we are down another 1.45 million jobs since the "stimulus" was passed. We are also well above the 8% unemployment that the "stimulus" was supposed to prevent. I can say that something that cost 700 billion dollars should be doing more then simply losing another 1.45 million jobs.

Now he is trying to outsource Healthcare reform to the same failures that gave us the "stimulus." Good luck Obama since you can't trust Pelosi and Reid to do anything right.

No comments: