When even the New York Times starts criticizing the Administration’s so-called "Stimulus" boondoggle, you know the con is well and truly up:
WASHINGTON (AP) — A federal spending surge of more than $20 billion for roads and bridges in President Barack Obama’s first stimulus has had no effect on local unemployment rates, raising questions about his argument for billions more to address an ”urgent need to accelerate job growth.”An Associated Press analysis of stimulus spending found that it didn’t matter if a lot of money was spent on highways or none at all: Local unemployment rates rose and fell regardless. And the stimulus spending only barely helped the beleaguered construction industry, the analysis showed.
Which isn’t surprising really, considering, at no point in history has a country been able to spend its way out of an economic downturn. Yet, in the bizzare fantasy world of Washington DC, Congressional Democrats are now pushing for yet another increase in government spending.
When will this madness end?