Where Are Those All Jobs, Mr. President?
By John W. Lillpop
Back in February,2009, President Obama told Congress and the nation that it was essential that $1 trillion be injected into the American economy to create new jobs and spark economic recovery.
According to the president, passage of the stimulus bill was so urgent that we could not afford to take time for Congress to read the 1,000+-page monster.
We need it NOW to save America, said President Obama at the time while promising that the bill would add 3.5 to 4 million jobs.
Thirteen months later, the only thing that the Democrat bill has stimulated is the federal deficit which has exploded out of control and which threatens the economic prosperity of untold generations of Americans not yet born.
Meanwhile the economy continues to hemorrhage jobs at an alarming pace and unemployment is stalled near 10 percent, and is not expected to improve anytime soon soon.
And President Obama's "solution" to America's economic misery is? Spend another few trillion dollars plus to reform health care.
With all due respect, Mr. President, shouldn't you have waited to see if that stimulus bill actually creates any new jobs before throwing another few trillion dollars at another program that you not familiar with?
Bottom line: Where all those new jobs you promised, Mr. President?
Posted by John W Lillpop at 5:19 PM