RSSCAGW on Stimulus Spending: Biggest Snow Job Ever!
CAGW | March 7, 2010
On February 17, CAGW marked the one-year anniversary of the Obama administration’s American Recovery and Reinvestment Act, popularly known as the “stimulus” package, by announcing the launch of a new website in March — mywastedtaxdollars.org — to bring greater scrutiny to stimulus spending and demonstrate why a “stimulus II” plan would waste even more taxpayer dollars. “Today President Obama and his phalanx of spinmeisters are fanning out across the country to preen over the great achievements of the ‘stimulus package,’ which is akin to painting lipstick on a $787 billion pig,” said CAGW President Tom Schatz. “The numbers show 2.8 million jobs have been lost since President Obama promised to create 3.5 million jobs when he announced the stimulus package one year ago. While touting the stimulus as part of the effort to get the country out of the Great Recession, all it has done is help to create the Great Debt.” The President also promised that his administration would make stimulus spending transparent and accountable down to the last dime, yet the $18 million recovery.gov website set up to accomplish this goal has been fraught with inaccuracies and misrepresentations. Read more about the stimulus package one year later.
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