A Shovel-Empty Waste Of $787 Billion

[red states rule]

As Obama jokes about the failure of his "stimulus" the real numbers show what a total failure and waste on taxpayer money Obama's stimulus really was





Infrastructure: On top of the other failures of President Obama's $787 billion stimulus plan you can now add this: It didn't even fulfill the simple promise of creating more highway jobs and improving roadways.

Shortly after getting the gargantuan program through Congress, Obama heralded the stimulus' $28 billion in new highway money, calling it "the largest new investment in America's infrastructure since President Eisenhower built the Interstate Highway System" and promising that it would "help states create a 21st-century infrastructure."

Obama also said that the extra highway money would "create or save" 150,000 jobs by the end of 2010.

Well, the results are in.

A new study by economists Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State found that despite the influx of all that federal money, highway construction jobs actually plunged by nearly 70,000 between 2008 and 2010.

http://www.investors.com/NewsAndAnalysis/Article/572596/201105181850/A-Shovel-Empty-Waste-Of-787-Billion.aspx

[red states rule]

Another great ad that should be used during the 2012 election

Any comments from our resident libs and Obama lovers?

<iframe width="560" height="349" src="http://www.youtube.com/embed/tNiC10yt2xk" frameborder="0" allowfullscreen></iframe>

[hortysir]

28 billion to lose 70,000 jobs???
:clap:
Now THAT'S change you can believe in!!!!

[red states rule]

28 billion to lose 70,000 jobs???
:clap:
Now THAT'S change you can believe in!!!!

Remember you cannot fix stupid, but you can vote Obama out of office in 2012

[red states rule]

http://www.newsbusters.org/sites/default/files/imagecache/cartoon_500/cartoons/shovelreadylookslike.jpg

[CSM]

The only thing "shovel ready" about Obama's stimulus was/is the bullshit that he and his administration (as well as the Dems/libs who supported the whole thing) were/are spreading around.

[darin]

Gov't should have considered just giving $5M to every head of household - or to even HALF of every household. Would have jump-started the economy, eh? :)

[CSM]

Gov't should have considered just giving $5M to every head of household - or to even HALF of every household. Would have jump-started the economy, eh? :)

I could be happy (and stimulate my little piece of the economy!) if the government would just stop taking income tax out of my paycheck for whatever length of time they gave to pay back the money they handed out!

[red states rule]

You notice the Obama drones have nothing to say on this topics - what a shocker

Bottom line is the money was wasted and out kids and grandkids are the ones who are on the hook to pay it back

If they can pay it back in their lifetimes

But Obama and the Dems don't give a shit about that