I am actually proud the Republicans did not throw in on the non-job pork in this record setting expenditure! Think of all the long lasting jobs that $21 million on Washington National Mall grass, $600 million on cars for bureaucrats, and $650 million for digital television converters, will bring!
And the results experts are touting?
No Jobs: House Tax Committee staff can not estimate that ONE job will be created. Yet Pelosi/Obama promise between 3 & 4 million jobs.
Ineffective: Congressional Budget Office estimates that only 52% of the spending in the ‘stimulus bill’ can even be spent by the end of FY’10. President Obama has a 75% benchmark (big miss) .
So folks if your "waiting for government" you are in for a long, long wait!
Going by history: “We have tried spending money. We are spending more than we have ever spent before and it does not work.” – FDR’s Treasury Sec. Henry Morgenthau Jr., architect of the New Deal.
As dissapointing as this stimulus bill is, I am still hoping that some items come to fruition. Spending: President Obama campaigned on a platform of fiscal discipline, promising to go through the federal budget, line by line to eliminate waste. lowering spending by eliminating waste, pork, corporate welfare, and farm subsidies, and reforming entitlements.
Energy: President Obama’s defended an increased oil production and nuclear power during his campaign. That is hope that his Administration will permit offshore drilling for domestic oil and natural gas. Lets see reform on the arduous permitting process for new nuclear power plants (lots of power no Carbon!).
Finally, what happened to: "Dissent is the highest form of patriotism." -- Howard Zinn??
Over the last eight years that was a mantra I kept hearing, again and again from the left. July 2003 Indy Week, Irregular Times, The Nation. Now if you show dissent against President Obama you are villified. Even Brian Wolff Executive Director, Democratic Congressional Campaign Committee (official campaign arm of the Democrats in the House). Decided to get a petition together to silence a citizen.
The Denver post is wondering as well.