This week will mark four months since President Obama signed the stimulus bill into law. Four months later, unemployment has reached a 26 year-high, and only $44 billion of 'stimulus' money has been spent . Ironically, a recent Rasmussen poll shows that four months after passing the largest spending...
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AIP Blog
by
Despina Karras
on 06-14-2009
Filed under: wasteful spending, capitalism, stimulus, job losses, tax issues, spending, government, deficit, billions
How eager is President Obama to spend tax payer money to "spread the wealth?" So eager that stimulus checks are being sent out to people who died more than forty years ago. Fifty-two million stimulus checks will be sent out by the Social Security Administration by June, with SS admitting that...
It’s A Stimulus Stupid! Part Two! Last week when I left all you wonderful viewers we were talking about the alternative minimum tax increase found in the American Recover and Reinvestment Act of 2009. Now it is our duty to move on and uncover more of the nonsense that was passed off as “stimulating...
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AIP Blog
by
AIP Admin
on 05-12-2009
Filed under: senate, congress, wasteful spending, economy, budget, treasury, pork, stimulus package, government spending, taxes, stimulus, economic recovery, economic crisis, spending, education, taxpayers
President Obama’s prediction of 3.5 million jobs arising out of the stimulus bill is starting to unravel, as was inevitable. Christina Romer, chairwoman of the White House Council of Economic Advisers, told C-SPAN yesterday that we won’t see positive job growth until 2010. This follows April’s...
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AIP Blog
by
Eric Fehrnstrom
on 05-11-2009
Filed under: wasteful spending, budget, taxes, stimulus, unemployment, jobs