One year later, people are still asking about what happened to the promises of new jobs. Unemployment levels are still at an all-time high, meanwhile President Barack Obama has claimed that the Stimulus has been successful. Wow…wasteful government spending has a degree of success…go figure. Considering that Obama has a penchant for the “I’s”, perhaps, we should look at how the stimulus has done, then make the assessment if it is working.
First, let’s take a look at the stimulus timeline. Other than the creation of fake Congressional districts, it is only costing the taxpayers for the long haul. Then, USA Today came out with an article saying that the funds are going to programs that have been eliminated.
With all of this occurring, you may be asking yourselves if you are benefitting from the stimulus funds. Don’t worry, you are paying for something that you will never see.
Aside from Obama and the Democrats in Congress claiming this as a “disaster averted” moment, it couldn’t be further from the truth. Republican challengers to troubled incumbents are using this to their advantage. Keith Fimian, who is challenging freshman Rep. Gerry Connolly, said in a statement that the only thing benefitting from the stimulus is the budget deficits, debt, and the increased likelihood of tax increases.
“Gerry Connolly eagerly advocated this reckless spending binge last year because he is a career politician who doesn’t know how jobs are created or how economies grow. All Gerry Connolly knows how to do is grow government, tax and spend away our hard earned money, and run for re-election. His economic policies have failed.”
I couldn’t have said it any better myself. In fact, we are in trouble if we continue to rely on using stimulus packages as a way for economic recovery.