The definition of insanity is doing the same thing over and over and expecting different results

In 2009 President Obama spent what became $814 billion dollars on the Stimulus. The promise for the increase in debt were “shovel-ready” jobs that would turn around the economy. 4 years later the results are:

  • The labor force has shrank from 66.3% to 63.7%, according to Bureau of Labor Statistics data
  • Number of people only able to get part-time work has increased from 1.3 million to 2.47 million
  • Number of small business owners has reduced from 9.46 million to 8.5 million

    In the fall of 2011, at the beginning of the 2012 election cycle, President Obama pushed the American Jobs Act. It featured $140 billion in “infrastructure investments” – otherwise known as shovel-ready jobs.

  • Even Senate Democracts failed to support the Bill

    During the 2013 State of the Union Address, President Obama proposed “Fix-It-Now”. The goal was for short-term government spending on roads and bridges to improve the economy. Sen. Patty Murray of Washington took up that concept, and in structuring the first budget since 2008 increased government spending $100 billion to fund this idea.

    Thus we have 3 differnt names, 3 differnt amounts of debt-fueled funding, all doing exactly the same thing.

    In the middle of the most effective portion of the Stimulus (May 2011) some $260 billion was spent. It created 573,511 jobs nationwide, at a cost of $453,347.89 per job created. Again this was the most effective impact time of the Stimulus. Unemployment was 9.1%.

    Shovel-ready, infrastructure investment, Fix-It-Now, or whatever catchy name is attached to the idea has proven to be a failure. Yet it is the ONLY job creation proposal from the White House and Democrats for more than 4 years. By definition that’s doing the same thing over and over.

    Is that insanity? What do you think?

  • About the Author

    Michael Vass
    Born in 1968, a political commentator for over a decade. Has traveled the U.S. and lived in Moscow and Tsblisi, A former stockbroker and 2014 Congressional candidate. Passionate about politics with emphasis on 1st and 2nd Amendments.

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