Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Friday, September 25, 2009

The Stimulus is Working

Stimulus funds boost number of jobs; federal jobs that is.
The $787 billion economic recovery package also is stimulating growth in the federal government as agencies hire thousands of workers and spend millions of dollars to oversee and implement the package, according to government records and spokesmen.


Fourteen of the top federal agencies responsible for spending under the American Recovery and Reinvestment Act say they've hired about 3,000 workers with stimulus money. That's helped fuel the continued growth of the federal government, which increased by more than 25,000 employees, or 1.3%, since December 2008, according to the latest quarterly report. During that time, the ranks of the nation's unemployed increased by nearly 4 million, Labor Department statistics show.
Well President Obama did promise to create or save millions of jobs. We should of known he was talking about government jobs.

Obama's Policies Would Redistribute Nearly $1 Trillion in Wealth Every Year

We are the culture of "It's owed to me." This is why President Obama was elected.
By 2012, nearly $1 trillion from the top 30 percent of American families will be redistributed among the bottom 70 percent if Obama’s proposals on taxes, health care, and climate change become law, according to the Tax Foundation.

“Even if none of Obama’s policies becomes law, the extent of income redistribution is remarkable,” Scott Hodge, president of the nonpartisan, nonprofit organization, said. “The top-earning 40 percent of families will transfer $826 billion to the bottom 60 percent in 2012.”

Under the Obama plan, 70 percent of American families as a group -- those earning less than $109,460 -- will receive more in benefits than they pay in taxes, Hodge said.
Whatever happened to working for a living?