Tuesday, May 26, 2009

What happened to the stimulus money?




Pres BO signed a "stimulus" plan that was supposed to be "shovel ready" and necessary to get us of the unemployment problem.

Remember the urgency to sign a bill that no one read?

Remember the budget that had a lot of earmarks? (By the way, didn't candidate BO run against earmarks, too!)

So far, the stimulus funds are still in the bank.

The states are finding out that getting federal money is one gigantic bureaucratic nightmare: Bureaucratic gridlock could delay road stimulus money!


Beyond that, the stimulus has yet to stimulate. It's hard to stimulate when the stimulus plan was intended to care of Dem interest groups, such as the trucking unions, rather than actually help the US economy! (Mark Steyn is right: The stimulus will do nothing for the economy, but it will advance the cause of statism)

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