Obama has admitted recently at a big jobs council meeting that there weren't as many "shovel-ready" projects as he thought when he pushed through his huge stimulus boondoggle. In fact, you can probably count them on two hands. The bulk of the stimulus money didn't go toward creating real jobs but instead went to social programs. The money people like you and I worked so hard to earn went to people who sit on their tails and watch Oprah gush about the Michelle and Barack. And a bunch of it went to new government employees who administer the money to the people who sit on their tails and watch Oprah gush about the Michelle and Barack.
This big meeting was held at Cree Inc., an LED light bulb maker. Cree got $5.2 million in stimulus money to create jobs. How many jobs do you suppose they were able to create with that $5.2 million? Five hundred? A hundred? Fifty? Ten? No, folks, our $5.2 million bought three jobs. We'd have been much better off if we had taken that $5.2 million and pulled five taxpayers' names out of the hat and given them $1 million each. When they went on their spending sprees, THAT would have created jobs!
"Obama's grave mistake on job potential." The Dallas Morning News; June 20, 2011; p. 13A.
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