Why Obama’s Latest Spending Spree Won’t Sell
by Kristina Rasmussen Not one to stop good money from going after bad, President Obama announced plans for a new stimulus spending spree, this time to the tune of $50 billion for roads, rail boondoggles, and the like. I don’t think the American people will buy into it. Over the past year, chances are you’ve driven by more than...
by Kristina Rasmussen
Not one to stop good money from going after bad, President Obama announced plans for a new stimulus spending spree, this time to the tune of $50 billion for roads, rail boondoggles, and the like.
I don’t think the American people will buy into it. Over the past year, chances are you’ve driven by more than a few “Putting America to Work” propaganda signs touting stimulus infrastructure projects. The thing is — America hasn’t been put back to work. As the numbers show, Illinois has fewer jobs this summer than last.
Illinois Employment (BLS: statewide, total nonfarm, not seasonally adjusted):
- June 2009: 5,700,200
- June 2010: 5,677,500
It’s a classic case of “fool me once, shame on you; fool me twice, shame on me.” Slapdash government spending was never the answer for what ailed our economy. Find out more how you can turn Illinois around with liberty-based policy solutions.