A quick post here on this $100 billion so-called Jobs Bill.
The Democrats are trying to pass another stimulus package under the guise of a “Jobs Bill”, don’t buy into it. The new Jobs Bill seeks another $100 Billion to stimulate the economy, which begs the question why didn’t the first $800+ billion stimulate the economy? Well for one they haven’t spent much of it, so if there is money left why barrow more? Luckily global warming as delayed this unneeded, un-funded boondoggle.
Jobs bill gets snowed under
“I expect the Senate will move this week on a jobs package, and I’m hoping it will be on a bipartisan basis,” White House senior adviser David Axelrod said on C-SPAN’s “Newsmakers.”
Baucus and Iowa Sen. Chuck Grassley, the ranking Republican on the panel, have spent almost two weeks negotiating the relatively limited package of small-business aid, unemployment benefits and corporate tax credits.
Why is the government looking to spend another $100,000,000,000.00 ($100 B) we don’t have to spend when there is still 100′s of billion left to be spent in the first failed stimulus bill? Good question, wish I had a good answer – but wasting money and using fuzzy math to justify the waste is the name of the game in this administration, it is to say par for the course.
Obama’s Fiscal Fantasy World
The $102 billion spending increase doesn’t even count the $787 billion stimulus package, of which $534 billion remains unspent.
So while we still have over a half a trillion ($500,000,000,000.00) in original failed stimulus funds that have yet to be spent we’re not but you will recall why back in February 2009 – we had to pass the bill right now or the economy would explode, we didn’t have time to read it as the world was on the brink of doom, no time to wait as the 7 horsemen approached – do it now cried the left and so they did. Then Obama took 4 days to sign the bill into law. Why? Well I’ll tell you my theory it was because he knew he was going to use it as a slush fund for democrats in the 2010 election and that the money was going to only tickle out in 2009 – don’t believe it then look at the unemployment rate, which reminds that Obama said the first failed stimulus bill would create 6 million jobs and keep unemployment at 8% – I reckon that didn’t work out to well did it. Maybe he lied?
We do not need to spend another hundred billion dollars on another failed idea. If you want to stimulate business cut taxes and get government the hell out of the way, it’s a tried and true method that has worked time and time again, even under democrats. Obama and his progressive base just don’t get it, they will never get and you aren’t going to make them get it – they just have to be stopped before they completely bankrupt the country.
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