hotair.com - 1/9/2009
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A point you’ll doubtless hear made by Democrats come 2010 if, as expected, the stimulus hasn’t done much stimulating. [...] Read the rest »
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Stimuluspalooza! Alabama town puts in $375 million bid
Michelle Malkin —
... to nowhere built with federal stimulus dollars. Yesterday on Fox&Friends , I noted that the vaunted jobs in Obama’s Generational Theft Act of 2009 would largely consist of make-work “green” jobs. Now, check this out: A tiny Alabama town wants a $375 million chunk of the stimulus pie to build things like a “renewable energy museum, scenic railroad, and vineyards.” The bid works out to $2 million per resident! (Via ...
Deeper and deeper
Balloon Juice —
... the jobs numbers, observing that “And U-6–unemployed plus discouraged workers plus unable to fond a full-time job–is now at 13.5% of the labor force–and BLS ‘discouraged workers’ are a big undercount of the concept.” With so many able-bodied, working age people not actually working, we’re producing many fewer goods and services than we have the capacity to produce. (MY)
But these words from a noted economist are what concern me the most:
“Bottom line: ...
Gallup: 53% Support $775 Billion Stimulus Congressional Democrats' 2010 Campaign Fund
Ace of Spades HQ —
... New Gallup polling shows that 53% of Americans favor and 36% oppose Congress' passing a new $775 billion stimulus package of the type President-elect Barack Obama described in his Thursday speech on the economy. There is even higher support for specific elements it could include, such as major new government spending for infrastructure, income tax cuts, and tax incentives for businesses. Michelle Malkin gives a shout-out to President Bush, saying he "pre-socialized" the economy for Obama. Indeed. It makes it politically difficult to advance the point that this is unwise and ...
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