View Full Version : Stimulus bill ... EPIC FAIL!
Even using the regime's highly dubious numbers ... each job "saved or created" by this taxpayer rape cost between $228,055.00 and $631,538.00.
WHAT AN EPIC FAILURE! (http://nation.foxnews.com/stimulus-money/2011/02/24/cbo-jobs-created-or-saved-stimulus-cost-228055-each)
02-26-2011, 07:53 AM
It would be interesting to see what percentage of those "jobs saved or created" were union jobs. I know that in our state, most of the "stimulus" money went to state and local budgets to pay for teachers, policement, firemen, etc. We all know that many of these jobs are union jobs.
Even so, the big fail was that all it accomplished was to postpone the cuts and layoffs for a year. Now that the stimulus money is gone, our school system is facing even bigger budget shortfalls, and more teacher jobs are on the cutting block. And local money is being diverted from other projects in order to try and maintain public safety job levels.
It's like the car dealer ads where they say we will make your payment for the first 3 months. Eventually, you still have to come up with the extra money to make those payments.
At best, stimulus was a bandaid...and in many cases, it probably just tempted some governments to commit to spending more money in the future, for that short term infusion of money.
Poor fiscal policy.
75-80% of the stimulus money went to prop up the public sector.
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