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Old 07-04-2011, 10:15 AM
 
12,669 posts, read 20,441,574 times
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Hey lovers of the Stimulus here is a story for you! They could have cuts checks for 100,000 to whose job was made possible from the stimulus and saved us 427 BILLION in the process Hahaha Is this the kind of change you wanted!!!!!! obama's own appointed people figured this out!
CAN "YOU" Say ONE TERM PRESIDENT!!!!!!!! :-D

The stimulus is now causing the economy to shed jobs.

When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.

The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of” the legislation), the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job

Obama
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