Friday, November 06, 2009

Hope and Spare Change!

I was going to blog about Fort Hood, but decided I better avoid the subject until I calm down a bit. Instead, I give you selected headlines from today's news. Click on the links for the full story.

$230,769.23 Spent Per Stimulus Job "Created or Saved"
Reports to be released Friday on the government Web site are expected to show that the $150 billion in grants and loans made so far under the economic stimulus package have created or saved about 650,000 jobs, White House officials said Friday morning.

Harrison - I still can't figure out how to measure a "saved" job. I wonder how many jobs could be created by your average entrepreneur/business owner with $230,000?

Only a Democrat could waste $230,000 in taxpayer money to create ONE freakin' job and think that is a good thing.

Unemployment Hits Record High - 10.2% In October!
Remember that Obama claimed the stimulus bill would save or create millions of jobs. It didn’t. Remember that the Obama Administration said that the stimulus bill would keep unemployment from rising above 8% and that the bill was too important to take the time to read it? Remember that after a slight dip in unemployment in August Obama claimed that he had “rescued our economy from catastrophe?”

Harrison - The CBO argued it would have been better to do nothing.

10.2% is hardly accurate. The actual number is closer to 17.5%. This is the U-6 category which includes: people who have given up, taken part time jobs, gone back to school etc. Under a Democrat controlled Congress and President Bush, that number was 11.1% last October. It is now 17.5% after a year at the mercy of a Federal government completely dominated by Democrats. Here is the Bureau of Labor Statistics data. Read it quickly before the White House wipes away the evidence.

Democrats have spent taxpayer money we don't have like drunken sailors (no offense intended to my Navy friends). They have nationalized school loans and taken over car companies. They are now openly debating a takeover of health care. All these actions will just delay the natural recovery. If we ever want to get out of this economic funk, we must stop spending, shrink the government and lower taxes. Get DC out of the way of private business and watch the economy roar back to life.

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