From CNS:
The jobs created and saved by the economic stimulus law that President Barack Obama signed on Feb. 17, 2009 cost at a minimum an average of $228,055 each, according to data released yesterday by the Congressional Budget Office (CBO).
In a report released Wednesday—“Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October Through December 2010”—the CBO said it now estimates the stimulus law cost a total of $821 billion, up from CBO’s original estimate that the stimulus would cost $787 billion…
Of course, that supposes that any jobs were actually created by the stimulus. More than likely we just did a money shuffle and whatever we gained in one area we lost in others – with a double loss on that in the fact that the stimulus money was all borrowed and will have to be paid back with interest. But even supposing that the number of jobs “created or saved” is real, that is a fantastically irresponsible amount of money to spend per job.
But, that was what the stimulus was really about – just an excuse for Obama and his Democrats to open up the government spigots in a way not seen since the Carter Administration. This is what Big Government liberals have been dreaming about since Reagan was elected – the chance to shovel taxpayer money at themselves in huge amounts. They hooked up their donors, their foot soldiers and themselves…billions have essentially been looted from the American people by the left since Obama took office. And keeping Obama in office is a gigantic priority because they know that if a Republican wins in 2012, the party is over…and perhaps this time for good.
What matters to our liberal Ruling Class now is merely to cash in as much as they can before someone stops them. Liberal rank and file types might dream of gay marriage or more grants for education, but the boys and girls in charge are all about grabbing heavy wads of money – as is demonstrated by “green jobs” cretins of the Obama Administration jumping ship to work in the industries which will now be subsidized by “green jobs” money.
Ah, well – what is one to do? Work for GOP victory in 2012, of course. Disaster stares us in the face, but we’ll over come it…we’ll get rid of the liberals, reform our nation and restore the world to its proper equilibrium – with the United States once again absolutely dominant in world affairs and the American economy once again out producing everyone out there. The future is grim, but America is promising…and supported by the Founders’ vision and our faith in God, nothing can stop us.
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