Welcome to Medary.com Sunday, November 24 2024 @ 10:44 PM CST

The "stimulus" was never about the economy

  • Contributed by:
  • Views: 953
It was about stimulating the careers of Democrat politicians.

Washington Times:

Stimulus bill spending has slowed to a trickle, despite President Obama's June order to his Cabinet to speed it up. The average stimulus spending per week has dropped severely, to just $4.2 billion over the past month from $9.7 billion during the prior four months. The government spent $2.9 billion in the week ending Aug. 7.

Taxpayer groups say the numbers show spending decisions are random and prove that the $787 billion stimulus program has had no effect on the economy.

"This is a typical bureaucracy. They don't operate in an efficient way. They can't operate in an efficient way and make an impact," said Leslie Paige, media director for Citizens Against Government Waste.

The spending has slowed despite Mr. Obama's declaration in June that he was "not satisfied" with its pace, and his demand that his Cabinet secretaries accelerate the distribution of stimulus funds.

The White House said the rate doesn't matter, and that the key is whether Mr. Obama's overall targets will be met.

Absolutely, the targets will be met. Those targets are set not to promote economic growth, but to promote Democrat special interests and the politicians which have been bought and paid for by those special interests.

You might as well settle in right now and wait for the blizzard of news stories in the runup to the 2010 elections about the great, grand, glorious stimulus projects and the wonderful, fantastic politicians and their cronies who brought it to you. And pay no attention to the greatest deficit in human history that it's taken to pay for it all--we'll make it up by taxing the rich people later.

And if you believe that, you'll believe anything but, as P.T. Barnum said, "there's a sucker born every minute."