The reality...
From The Weekly Standard: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
The hard-to-read excerpt: Again, this is the verdict of Obama’s own Council of Economic Advisors, which is about as much of a home-field ruling as anyone could ever ask for. In truth, it’s quite possible that by borrowing an amount greater than the regular defense budget or the annual cost of Medicare, and then spending it mostly on Democratic constituencies rather than in a manner genuinely designed to stimulate the economy, Obama’s “stimulus” has actually undermined the economy’s recovery — while leaving us (thus far) $666 billion deeper in debt.
Yeah, now tap your heels together three times and say, "Bush did it. Bush did it. Bush did it."
Somewhere over the rose-colored rainbow, where jobs die...
Later
From The Weekly Standard: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
The hard-to-read excerpt: Again, this is the verdict of Obama’s own Council of Economic Advisors, which is about as much of a home-field ruling as anyone could ever ask for. In truth, it’s quite possible that by borrowing an amount greater than the regular defense budget or the annual cost of Medicare, and then spending it mostly on Democratic constituencies rather than in a manner genuinely designed to stimulate the economy, Obama’s “stimulus” has actually undermined the economy’s recovery — while leaving us (thus far) $666 billion deeper in debt.
Yeah, now tap your heels together three times and say, "Bush did it. Bush did it. Bush did it."
Somewhere over the rose-colored rainbow, where jobs die...
Later
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