Wednesday, May 30, 2012

CBO: Obama stimulus may have cost as much as $4.1 million a job


Obama's stimulus was an epic fail. Only the government can create jobs at $4.1 million a job!
The Congressional Budget Office in a new report: When [the American Recovery and Reinvestment Act] was being considered, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion between fiscal years 2009 and 2019. CBO now estimates that the total impact over the 2009–2019 period will amount to about $831 billion.
Read the rest here
The American 

Judy Morris,
Blogger, THL
Articles | Website