The unhappy anniversary of stimulus boondoggle

Washington Times ^ | 02/17/2014 | staff

[Kid Shelleen]

---snip--- Thus, Mr. Obama has spent $3 trillion more than George W. Bush did in his last year in office. What did we get for that enormous sum? Mr. Obama promised his scheme “will create or save 3.5 million jobs over the next two years.” By his own math, the government would spend $200,000 for each of those jobs. He thought that was a good deal. He couldn’t buy jobs even at such an absurd price. “Shovel-ready was not as shovel-ready as we expected,” Mr. Obama admitted in 2011.

[Oldeconomybuyer]

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