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Obama 862 Billion Dollar Stimulus Package Three Years Later.
Americanlivewire.com ^ | 3-28-12 | Danielle Sherrill

Posted on 03/31/2012 4:21:21 PM PDT by Driftwood1

Obama 862 Billion Dollar Stimulus Package – Three Years Later. February, 2012 marked the third year anniversary of Obama’s stimulus package. Has the stimulus delivered on Obama’s promises?

Obama 862 Billion Dollar Stimulus Package – What was the Stimulus for? The stimulus, also known as the American Recovery and Reinvestment Act of 2009, is an economic stimulus plan that was signed into law by President Barack Obama on February 17, 2009.

The main objectives of the stimulus were to 1) save and create jobs almost immediately; and 2) provide temporary reliefe programs for those most impacted by the recession and invest in infrastructure, education, health, and ‘green’ energy.

(Excerpt) Read more at americanlivewire.com ...


TOPICS:
KEYWORDS: anniversary; obama; stimulus; taxes

1 posted on 03/31/2012 4:21:21 PM PDT by Driftwood1
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To: Driftwood1

Here’s his “Stimulus” package for America....www.headostate.com


2 posted on 03/31/2012 4:30:24 PM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: Driftwood1

It cost more than the entire Iraq War and achieved nothing beyond running up the debt. Obamunism is an economic failure.


3 posted on 03/31/2012 4:31:04 PM PDT by Advocatus Sancti Sepulchri
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To: Advocatus Sancti Sepulchri

The stolen money went somewhere. Why aren’t those who stole it and those who got it either in jail or awaiting appropriate justice? Accountability anyone?


4 posted on 03/31/2012 4:33:30 PM PDT by hal ogen (1st Amendment or Reeducation Camp?)
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To: Driftwood1
0bama stimulus in a nutshell...

Photobucket

5 posted on 03/31/2012 4:40:39 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Driftwood1

In my little FL panhandle county, the stimulus resulted in a $2,000 bonus for school district, read union, employees. I assume it was done nationwide. That means our government is nothing more than a money laundering machine of taxed and borrowed and created money directed to their supporters.

Mafia disguised as government.


6 posted on 03/31/2012 4:41:06 PM PDT by Jacquerie (No court will save us from ourselves.)
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To: Driftwood1

One more thing..green energy cannot compete with fossil fuels in energy production, cost, and are unreliable. The government has to mandate their use, force taxpayers to subsidize them, handicap coal & natural gas, and ultimately it drives up energy costs that negatively effects everyone. Education is an endless money hole..pour billions more into education and the results are the same, but liberal creationism, social policy, multi-culturalism, and other indoctrinations are supported.


7 posted on 03/31/2012 4:44:27 PM PDT by Advocatus Sancti Sepulchri
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To: Driftwood1

Isn’t this monstrosity now built in the baseline budget so that it’s actually $850 billion every year?


8 posted on 03/31/2012 4:45:58 PM PDT by aquila48
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To: Jacquerie
That's just it. I figured that even an idiot would make the economy appear to be improving by pumping several trillion extra (i.e. borrowed) dollars into the economy. Buy things, build things, spur manufacturing. A fifth grader could have done it. Of course, you would still be mortgaging the future, but you should have been able to make today look better. But the boy genius paid bonuses, bailed out failing industries, secured union pensions, kept bloated public payrolls intact. In short, nothing new was produced. Payoffs, laundering, bailouts, call them what you will, but they did nothing but enshrine wasteful and inefficient economic practices. Nevertheless, the MSM is there looking for the most microscopic signs of economic growth.
9 posted on 03/31/2012 5:05:36 PM PDT by fhayek
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To: fhayek

“I figured that even an idiot would make the economy appear to be improving by pumping several trillion extra (i.e. borrowed) dollars into the economy. Buy things, build things, spur manufacturing.”

It is actually harder to do then you think; the reason the media can’t fool anyone that things are better is because the result of the printing/borrowing of trillions is the inflation that is visible to everyone who spends money. The high gas, grocery, even stock prices are caused by the devaluation of the dollar; the media is instead desperately trying to trot out alternative explanations. Tension in the Middle East is blamed for gas prices, though this certainly is nothing new; stock prices going up is heralded as a sign of an improving economy instead of a weaker dollar, and any natural event that can fit into our food chain is being used to explain high food prices.

Average Americans won’t be so easily deceived this time around; most of us are worse off than four years ago and we know it.


10 posted on 03/31/2012 6:02:43 PM PDT by kearnyirish2
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To: Driftwood1

RECIPIENT REPORTED AWARDS MAP
www.recovery.gov ^ | 2010 1212 | Obama et al

http://www.freerepublic.com/focus/f-news/2641708/posts

What is Wateree Community Actions?
February 24, 2010 1:15:37 AM EST · by Jet Jaguar · 57 replies · 967+ views

http://www.freerepublic.com/focus/f-bloggers/2458074/posts

Wateree Community Action Inc is awarded $700,000.

Then awarded $1,076,865.

Then awarded $6,435,805.

Then awarded $429,049.

Then awarded $244,800.

Then awarded $2,073,186.


11 posted on 03/31/2012 6:08:15 PM PDT by Jet Jaguar
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To: Driftwood1

Remember - Joe Biden was assigned the responsibility to watch where every penny of this money went.

Too bad he wasn’t assigned responsibility to watch the dollars.


12 posted on 03/31/2012 7:06:08 PM PDT by Iron Munro (If Repub's paid as much attention to Rush Limbaugh as the Dem's do, we wouldn't be in this mess)
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To: Iron Munro

Joe Biden can’t even count to 100. You’re being generous.


13 posted on 03/31/2012 8:22:57 PM PDT by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: sheik yerbouty

The drumbeat of Dictator Baby-Doc Barack continues to grow louder -— regulate -— control -— destroy -— Regulate -— control -— destroy -— REgulate -— control -— destroy -— REGulate -— control -— destroy -— REGU


14 posted on 03/31/2012 10:55:28 PM PDT by Graewoulf ((Dictator Baby-Doc Barack's obama"care" violates Sherman Anti-Trust Law, AND U.S. Constitution.))
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To: Graewoulf

We need a national excorcism to cast out 0bama’s doodoo voodoo..


15 posted on 04/01/2012 12:29:46 AM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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