Posted on 05/30/2012 2:50:12 PM PDT by Nachum
The Congressional Budget Office in a new report: When [the American Recovery and Reinvestment Act] was being considered, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion between fiscal years 2009 and 2019. CBO now estimates that the total impact over the 2009–2019 period will amount to about $831 billion. By CBO’s estimate, close to half of that impact occurred in fiscal year 2010, and more than 90 percent of ARRA’s budgetary impact
(Excerpt) Read more at blog.american.com ...
The list, Ping
Let me know if you would like to be on or off the ping list
Inquiring minds want to know: Are these permanent jobs, or temporary—a year or two? $4.1 million is a lot for a permanent job, but even more for a short-term make-work gig.
and I would have worked for only 2 million.
It is totally insane.
and many of those jobs were very short-lived, temporary jobs
But haven’t you heard? Bush is responsible for that spending, and Obama’s responsible for the few jobs that were gained.
What is the most expensive entity, the most expensive obstacle if you will that John, and Jane Q. Public America must face in their American lifetimes?
If we look at the backstory of the answer, and we look at the results of the answer the answer is DEMOCRATS.
Let’s just think about it at least a moment before we scoff at the idea.
Obama's stimulus put unions ahead of a healthy economy.
He placated the unions and torpedoed the private sector.
Obama/Biden's 'Recovery Summer' lost a net 329,000 jobs.
Countdown until Jackwagon leaves Office: 235 days as of May 30, 2012.
Only in government does it “cost” money to make a job.
In the rest of the civilized world people MAKE money via providing jobs - if it “cost” money to provide a job they would be out of business.
So how is it that the private sector can MAKE MONEY creating jobs - while the public sector can only SPEND MONEY when ‘creating’ a job?
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