The democrat's "stimulus" bill has been proven to be what it was labeled when it was rammed through congress and down the throats of the American people, a "porkulus" bill. It was supposed to boost the economy, but has had the predictable, opposite effect.
House Republicans, attempting to regain the mantel of fiscal responsibility after screwing that pooch, point out the failure of the democrats porkulus sceme
“The report we got from the Department of Transportation is dated July 3rd,” said Mica at the Capitol Hill press conference. “It indicates how much money of the $48 billion [allocated to the Transportation Department] they have control over has gone out -- that’s $523 million – 1 percent, approximately 1 percent. And the top 10 states of unemployment, our leading states, including the District of Columbia, only $83 million has gone out to those states.”
“This stimulus package was sold to the country as being an infrastructure bill,” said Rep. John ‘Jimmy’ Duncan (R-Tenn.), “and yet only somewhere between 7 and 8 percent of it was aimed at or provided for infrastructure in the first place.”
“Remember, the stimulus promised 3.5 million jobs was being created, and yet 2 million jobs – additional lost jobs – have been lost. Dismal failure.”
“The stimulus promised,” said Diaz-Balart, “and we were told that in the budget committee and we were told that publicly by the administration, that unemployment would not go above 8 percent if that stimulus passed. Look at the numbers now.”
Of course the democrat's porkulus bill isn't helping the economy. That isn't what it was intended to do. The goal of the Obama administration is not to fix the economy, but to fundamentally change the role of government in the United States of America.
Originally posted at the Urbin Report