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Reply #36: No its not. [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-03-09 11:36 AM
Response to Reply #35
36. No its not.
Edited on Tue Nov-03-09 11:36 AM by Statistical
The Obama administration estimates the stimulus plan has created 600,000 jobs. That is at a cost of $1.2 million per job.

You can sell it all you want but the "stimulus" has been an utter failure because IT ISN'T STIMULATIVE. Many economists predicted that BEFORE it was ever signed.

China stimulus plan results in 4.2 million jobs. Their economies is growing at 5% this year, and unemployment is <5%. That is a stimulus plan. Nearly 40% was building/upgrading infrastructure. At the end not only will have they have a growing economy but they got hundreds of billions worth of roads, bridges, utility, and telecom links built.

The US spent $787 billion got virtually no jobs and virtually no infrastructure out of it.

You can polish a turd all you want but it still is a turd. If Bush had passed the exact same stimulus you know (if you look at it honestly) you would be attacking it. Someone because Obama passed a turd it is now a shining gem.
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