Monday, July 4, 2011

For my kool-aid drinking friends

Check the linked article. It is a concise summary of the effect of the over $800 billion the administration spent(and borrowed to do so, since the money did not exist), in February of '09. Oh yeah, it's actually over $1,000,000,000,000(trillion) with interest. If this doesn't wake you up, I guess nothing will. http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html.

How do you calculate a "saved" job anyway? I still have not found any empirical data on this. Why have we not heard the term "saved job" until this administration came in? Guess you all just take their word for it. Too bad for America, huh?

1 comment:

  1. saved jobs, created jobs...it's all a load of crap.

    unemployed, underemployed....getting warmer.

    employed, but subsidizing the unemployed, underemployed, illegal employed / unemployed...

    .....


    got some vodka to mix with my Kool-Aid?

    ReplyDelete