Friday, February 25, 2011
2 Years of Wasted Tax Dollars: The 10 Dumbest “Stimulus” Projects
Last week the United States celebrated an anniversary: On February 17, 2009 President Barack Obama signed the American Recovery and Reinvestment Act of 2009 also known as Porkulus Maximus, the progressive bill which was promised to keep unemployment under 8%. Sadly, this bill did absolutely nothing but make $800 billion dollars disappear into a Keynesian black hole only to reappear as a new unsightly layer of blubber weighing down our national debt. What has happened in the intervening two years? Unemployment grew to over 10% and now stands at 9%; still higher than the promised 8% maximum. The Gross Domestic...
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