Obama Continues to Violate His Own 'Stimulus' Law by Not Releasing Quarterly ReportsSubmitted by emalvini on Sat, 01/26/2013 - 19:28
Obama Continues to Violate His Own 'Stimulus' Law by Not Releasing Quarterly Reports
Jeffrey H. Anderson
January 26, 2013 | 10:41AM
Have you heard much about President Obama’s $787,000,000,000 economic “stimulus” (now estimated to cost $831,000,000,000) lately? In its last report, published in 2011, the president’s own Council of Economic Advisors released an estimate showing that, for every $317,000 in “stimulus” spending that had by then gone out the door, only one job had been created or saved. Even in Washington, that’s not considered good bang for the buck.
Moreover, that was the fifth consecutive “stimulus” report that showed this number getting progressively worse.