Wednesday, January 28, 2009

Economic Stimulus You Say?


It's true the sky IS falling. Our House of Representatives voted today to spend $800 billion dollars on stimulus. Including interest on this debt over the next 10 years we are talking about $1.2 trillion dollars. President Obama claims this is going to net us four million jobs. Quick math on this shows it is going to cost us $300,000 to generate, assuming the stimulus actually works, each job. Why on earth would we spend $300,000 to create a job paying probably $30,000-$40,000 a year?? How come nobody is doing this math?

This is the same fuzzy math our media overlooked when Barack was pining on about health care for everyone, while lowering premiums, during the debates.

Only ten democrats voted against this insanity today. Why do I call it insanity? Try a few of these "stimulus" tidbits on for size.

*$2.4 billion dollars for global warming research.
*$150 million dollars to the Smithsonian.
*$650 million for digital converter cable boxes.
*$21 million for new sod for the national mall in Washington.
*$335 million for STD prevention.
*$316 million for school modernization.
*$1.3 billion for states aid.

This is just the tip of the iceberg. None of these things have anything to do with economic stimulus. In fact, almost the entire bill has nothing to do with stimulus. It is all a big social engineering scam. Democrats are, as Rham Emanuel said recently, 'taking advantage of every crisis.' This is nothing more than the biggest pork barrel spending bill in the world's history with most of the dollars going to create even more welfare addicts than we already have. Only $20 billion (2.5%) goes to tax cuts for small business while half the package goes to infrastructure spending. So we are going to create a bunch of government jobs where huge amounts of people are beholden to Uncle Sam for a check. When the infrastructure projects are done, do we automatically lose the four million jobs since they won't have anything left to do?

There is little in this bill to help the private sector create jobs. In fact, most of the spending doesn't even occur until 2010-2012 which is not going to "stimulate" anything this year.

Don't be fooled. Please contact your local House of Representatives member immediately as the House will be voting on this Thursday, January 29th. You can find these out by going to www.house.com (click on write your representative in the upper left hand corner) or calling the House switchboard at 202-224-2131.

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