The stimulus did not work. It is slotted to dispurse over the next several years in different ways, and it won't help one bit either.
Do you mean was it effective? Why wasn't it effective? or Who got the money? All of those are valid questions and good luck getting an straight answer to any of them. I think the bottom line is we took $800 billion dollars essentially all debt to allow the government to spend into our economy which in Obama theory would create jobs etc. etc. In the end, the majority of the money went to bailouts, controversial social and labor organization, and generally got pissed away with little or nothing to show for it but future debt. The American public should be outraged after being duped this badly. Government needs to focus its efforts on creating a "positive business environment" and that will in turn create a lot of jobs in the private sector. Obama and company have no interest in that approach because it does not fit their agenda for marching toward a socialist state with dependence on the government for everything. WB
Without the stimulus it would have been worse.
The trouble is that the stimulus was too small to have a bigger impact.
Politicians did cut the original estimate made by economists.
Read my hub for more details.
http://hubpages.com/hub/Government-spen … -recession
by Poppa Blues 8 years ago
http://groups.google.com/group/soc.reti … eed0653362Oh what a surprise!!! The stimulus didn't create a single job, at least no one can show that it did or didn't! Now that's a great use of 860 billion dollars! Hell, even I could create a couple of jobs with that kind of money!
by lady_love158 7 years ago
http://hotair.com/archives/2011/02/11/s … est-since/Seems even democrats dislike the job Obama has done on reducing unemployment... well I'm not surprised!!
by John Coviello 6 years ago
Did President Obama's 2009 Stimulus Bill help in your area of the United States?President Obama's 2009 Stimulus Bill helped one area in my state that has severe flooding problems complete their flood levees, so they can stop spending $10 Millions every time it floods cleaning up the mess. ...
by SparklingJewel 9 years ago
By Charles KrauthammerFriday, February 6, 2009; A17"A failure to act, and act now, will turn crisis into a catastrophe."-- President Obama, Feb. 4.Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared "we have chosen hope over...
by Steven Dison 5 years ago
Should there be more cuts to budget in the short term, even with the threat of austerity looming?
by MikeNV 8 years ago
The Associated Press released a story today... an anti-republican, pro Obama piece about jobs created with stimulous money in South Carolina in a mostly Republican area."The new hires came from a broad area including parts of South Carolina and Georgia, and unemployment rates have continued to...
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