Quote:
Originally Posted by Jim in CT
"you do know the stimulus plan has contributed the economy doing well "
In what way? Where were all those shovel ready jobs we were promised? Obama promised it would keep unemployment under 8%, and it went over 10% (he was only off by a few million jobs, close enough, right?).
Here's Obama joking about what a flop the stimulus bill actually was, that there were no shovel ready jobs.
https://video.search.yahoo.com/searc...9&action=click
Ha ha ha! It's funny that he spent almost a trillion and got nothing. |
So are you suggesting it did nothing ? what were your expectations? or are you saying Obama lied.. not sure how you can suggest the country got nothing ? from start to finish of his administration ,, every one R or D hoped for more I am sure
C&P In all, the administration rescued the US economy and bequeathed a sound foundation for its successor to build on. But it made a big mistake: it did not go all out to punish those whose malfeasance and irresponsibility blew up the financial system and economy. This sense of injustice is one reason why the US has elected the wrecking crew that is about to take office. Mr Obama could not channel rage. Mr Trump, alas, can.
thanks for sharing a link that shows a POTUS admitting things didn't go as expected .. and how a partisan person attempted to use it again out of contex . show this to Trump so he may learn how to be honest
By itself, the stimulus bill saved or created an average of 1.6 million jobs a year for four years through the end of 2012,
More than 40,000 miles of roads and more than 2,700 bridges have been upgraded, nearly 700 drinking water systems serving more than 48 million people have been brought into compliance with federal clean water standards and high-speed Internet was introduced to about 20,000 community institutions.
Half of the total fiscal support for the economy, or about $689 billion, from the recovery act and subsequent measures was in the form of tax cuts directed mostly at families. The remainder was spent on such things as rebuilding roads and bridges, preventing teacher layoffs and providing temporary help for people who lost their jobs or needed other assistance because of the poor economy.