Did you hear Obama gave a speech last night? If you didn't here is the summary...Infrastructure spending, bailouts to states to save government jobs, bailouts for mortgages, job training, unspecified regulatory reform, and some small tax credits for businesses and individuals. Sound familiar? It should. Its the 2009 Recovery Act Part II and not once did he acknowledge what a total and complete failure that was. In 2009, President Obama promised that the American Recovery and Reinvestment Act (ARRA) would “create or save” 3.5 million jobs over the next two years and that the unemployment rate would not rise...
