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Pace of stimulus spending plummets
washingtontimes ^

Posted on 08/15/2009 10:47:21 PM PDT by newbie2008

Stimulus bill spending has slowed to a trickle, despite President Obama’s June order to his Cabinet to speed it up.

The average stimulus spending per week has dropped severely, to just $4.2 billion over the past month from $9.7 billion during the prior four months. The government spent $2.9 billion in the week ending Aug. 7.

Taxpayer groups say the numbers show spending decisions are random and prove that the $787 billion stimulus program has had no effect on the economy.

“This is a typical bureaucracy. They don’t operate in an efficient way. They can’t operate in an efficient way and make an impact,” said Leslie Paige, media director for Citizens Against Government Waste.

The spending has slowed despite Mr. Obama’s declaration in June that he was “not satisfied” with its pace, and his demand that his Cabinet secretaries accelerate the distribution of stimulus funds.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: News/Current Events
KEYWORDS: bureaucracy; ecomedy; porculus; porkulus

1 posted on 08/15/2009 10:47:23 PM PDT by newbie2008
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To: newbie2008

Well they are having to cart Acorn groupies around all over the country.


2 posted on 08/15/2009 10:52:17 PM PDT by ABQHispConservative (A Blue Dog Democrat is an oxyMoron!)
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To: newbie2008

I don’t know. They blew through the TARP money pretty darn quick.


3 posted on 08/15/2009 10:52:20 PM PDT by rightwingcrazy
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To: newbie2008

This bill was so damn important 6 months ago. But, alas, the world didn’t end, the money didn’t get spent and Washington is full of sh*t....


4 posted on 08/15/2009 10:52:59 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: newbie2008

I don’t like the way they are covering. I have suspected a ruse from early on. Who the hell attacked us last september, and is this what it’s all about?


5 posted on 08/15/2009 10:55:17 PM PDT by eyedigress
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To: newbie2008
"The spending has slowed despite Mr. Obama’s declaration in June that he was “not satisfied” with its pace, and his demand that his Cabinet secretaries accelerate the distribution of stimulus funds."

Speed up the "distribution" of "stimulus funds". What a joke.

What that means in layman's terms is "spend, steal, create more government empires with the money we stole from taxpayers."

6 posted on 08/15/2009 10:55:59 PM PDT by Nathan Zachary
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To: newbie2008

7 posted on 08/15/2009 10:56:17 PM PDT by Jet Jaguar (Live free or die.)
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To: Nathan Zachary

Give the money back polls have already been started. That “package” was meant to scare the hell out of outside influences. The Gov needs to come clean, ain’t gonna happen.


8 posted on 08/15/2009 11:03:36 PM PDT by eyedigress
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To: newbie2008
These guys really know how to spend our money:

FP's Exclusive Guide To Congress's Summer Junkets

9 posted on 08/15/2009 11:03:48 PM PDT by blam
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To: newbie2008
Wasn't Unca Joe supposed to be the Distribution Czar?

Didn't Michelle's husband recently brag about how the economy was recovering solely because of the stimulus?

So many questions...so many non-answers...

10 posted on 08/15/2009 11:04:17 PM PDT by kromike
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To: newbie2008
Poor Rat bastards, they're having trouble divvying up the loot.
11 posted on 08/15/2009 11:04:39 PM PDT by The Cajun (Mind numbed robot , ditto-head, Hannitized, Levinite)
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To: newbie2008

“So then you get the argument, well, this is not a stimulus bill, this is a spending bill. What do you think a stimulus is? That’s the whole point. No, seriously. That’s the point.”-Obama


12 posted on 08/15/2009 11:07:55 PM PDT by newbie2008 (http://www.google.com/reader/shared/11513180806521029900)
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To: newbie2008
"We remain on track to meet the ambitious goal that the president set in June..."

I don't know, when I read that, it sounded so much like something some petty bureaucrat in the old Soviet Union would say
13 posted on 08/15/2009 11:22:53 PM PDT by Krankor
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To: newbie2008

They’ve probably got it all in their pockets, so there isn’t any LEFT to “hurry up”.


14 posted on 08/16/2009 12:39:17 AM PDT by FrogMom (No such thing as an honest democrat!)
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To: newbie2008

Look at it this way. The purpose of the stimulus is to get the elite re-elected. Why would they spend it now? They’re building their networks of vote rigging and electorate intimidating cadres, behind the scenes, and keeping the mainstream media and leftist lawyers on retainers for the up and coming 2010 election. There is a reason most of the Democrats are displaying contempt for citizens at these town hall meetings, rather than kissing rears. They think they’ve got a lock on the next election, no matter what “the little people” say. Watch for massive and very targeted “stimulus” spending next year. Hewitt says “if it isn’t close they can’t cheat”, but that gap requirement is getting bigger every year the communists hold office.


15 posted on 08/16/2009 3:35:25 AM PDT by wgflyer (Liberalism is to society what HIV is to the immune system.)
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To: rightwingcrazy
I don’t know. They blew through the TARP money pretty darn quick.

I'm looking for the spending (bribes) to increase dramatically just in time for the midterm elections next year.

16 posted on 08/16/2009 4:18:40 AM PDT by dearolddad
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To: newbie2008

Stimulus spending rate dropped, you say? GREAT! Let’s stop it all together, and give the money back to the people from whom it was confiscated.

It’s time to take back the country.


17 posted on 08/16/2009 5:16:59 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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To: newbie2008
Give them a few months for election 2010 to gear up. That stimulus package gave them ‘universal’ campaign finance reform, elections as long as their hearts continue to beat... even if it is on a ventilator.
18 posted on 08/16/2009 5:20:49 AM PDT by Just mythoughts (Bama and Company are reenacting the Pharaoh as told by Moses in Genesis!!!!!)
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