If stimulus did not create job….

Discussion in 'Economy' started by LilOlLady, Jan 2, 2011.

  1. LilOlLady
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    LilOlLady Gold Member

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    IF STIMULUS DID NOT CREATE JOB….or save any jobs, then states that took the money should be investigated as the were the money went. Thousands or millions of jobs were created and saved. $800 billion? Only 12% has been spent?
    Recovery.gov - Tracking the Money

    Three out of four american say the stimulus money was wasted but how can they when they don‘t know were it went?
    20 states launch AIG investigations – CNN Political Ticker - CNN.com Blogs ... us-wasted/

    Bail out created job and saved jobs also. And the proof is there is you want to see it.

    If those states that received stimulus money did not create jobs or save any jobs, then they should be required to return the money to the tax payers via the Obama administration.

    It’s not Obama’s fault if red states did not take the money and created jobs and spent it on other things or still sitting on it. Investigate? You bet your cajones. Government took the money and created jobs and saved jobs.


    "Doing The Right Thing Isn't Always Popular"
     
  2. Mini 14
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    Mini 14 Senior Member

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    Most of it is gone, and we will never get it back.

    It was a stupid idea from the start. It never worked before, and it wasn't going to this time. It was never about jobs. It was about what it became:

    theft
     
  3. Jroc
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    Jroc יעקב כהן Supporting Member

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    Most of that money has been used by the states to temporally bail out public sector union pension plans..The rest has been used for "shovel ready projects"...Oh wait a minute there are no shovel ready projects.:doubt:



    Obama: "No Such Thing as Shovel-Ready Projects"


    [​IMG]


    With unemployment hovering near 10 percent nearly two years after President Obama signed his economic stimulus package, Mr. Obama is acknowledging that, despite his campaign promises, "there's no such thing as shovel-ready projects."


    The president gave that remark in an hour-long interview with the New York Times.


    Mr. Obama also told the Times that he should have "let the Republicans insist on the tax cuts" in the stimulus, rather than including them himself, so the package would have seemed more like a compromise. The stimulus package, which the Congressional Budget Office said this year will cost $862 billion, included $236 billion in tax cuts. Nevertheless, the president said in the interview that he comes across as "the same old tax-and-spend Democrat."


    When the president campaigned for the stimulus package at the start of his presidency, he and others in his administration repeatedly insisted the investments would go to "shovel-ready" projects -- projects that would put people to work right away. As recently as August, however, local governments were still facing delays spending the money they were allocated from the stimulus, CBS News Correspondent Nancy Cordes reported.

    Obama: "No Such Thing as Shovel-Ready Projects" - Political Hotsheet - CBS News


    Oh.. those so called "tax cuts" were actually tax credits which don't really stimulate anything.:cuckoo:
     
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    Last edited: Jan 2, 2011
  4. ScreamingEagle
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    ScreamingEagle Gold Member

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    Obama was for shovel-ready projects before he was against them...:lol:
     

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