…sucking the life from the economy one government job at a time.
The stimulus bill saved government jobs, but KILLED private-sector jobs
"In a democracy (‘rule by mob’), those who refuse to learn from history will be the majority and will dictate that everyone else suffer for their ignorance."
I heard that 75% of that money went to pay off existing union expenses for retirement and health insurance. If that is true, and it came from a reliable source, then the entire stimulus package was a lie to begin with.
“…the entire stimulus package was a lie to begin with”
Of course it was. The dire predictions of how bad things would get WITHOUT the so-called “stimulus” bill pale in comparison to how bad the economy now IS with it.
Almost all of the economic woes we are now experiencing are the result of policies and programs from the “feddle gummint” meddling in the economy–everything from the mortgage collapse to “stimulus” spending… on jobs for unions and government “workers”. And there’s worse to come as more and more and more greedy, unprincipled, short-sighted, stupid people whose mortgages are now deeply under water, who availed themselves of loans via policies fostered by “feddle gummint” policies, programs and requirements foisted on financial institutions fail to keep their commitments, either because they simply over-“bought” to begin with or because stupid “feddle gummint” actions have cost them their jobs.
And that’s just the tip of the iceberg, as The Zero’s private-sector economic recovery plan proceeds (“Beatings will continue until morale improves”), credit card debt goes more and more into default and more and more people have less and less to spend AND, with “quantitative easing” (the fed printing money we can’t back, devaluing the dollar, etc.) those ever shrinking earnings will be worth less and less and… The Great Depression of 2012.
Aren’t YOU glad you have a long-term supply of food on hand? Hmmm? (And the means to defend it against looters?)