International Economists State Stimulus Packages Don’t Work

That’s right. Stimulus packages don’t work – they just redistribute income. They take your income and redistribute to someone else. Stimulus packages do not create jobs. They never have and never will. This isn’t new News ….. This has been taught in Graduate Level Business courses for nearly 50 years. The study of “stimulus packages” [...]

New Stimulus Package – 97 Cents Of Every Dollar Goes To Pork – $1,000 Per Illegal Alien

“You have a stimulus bill that’s supposed to stimulate the economy,” Senator Inhofe explains. “We know how to do that. We did it under John Kennedy; we did it under Ronald Reagan. We know what it does and what you have to do for capital gains and for all these things to open up the economy. But this [stimulus package] doesn’t do any of that. There’s so many things in there that are just bad.” Inhofe says he personally met with President Barack Obama Monday to point out that the $30 billion earmarked for infrastructure represents only 3 percent of the total amount of the spending bill.
“When I told him that, he didn’t believe it was that small a percentage,” Inhofe says. ”I said, ‘If we find that I’m right and you’re wrong, would you go up to 10 percent?’ And he said, ‘I’d certainly look at that.’ Since then, he realizes that I am right. As far as roads and highways, it’s $30 billion, and then a few [dollars] for water infrastructure.”

Ben Stein On Stimulus, “Enough Pork To Pay $75,000 To Every Unemployed American”

“This has been a punch in the solar plexus to the kind of responsible, far-seeing, mature government processes that are needed to protect America.” “At 680 pages long, neither Obama nor any member of the House had enough time to read the entire bill before the House voted.”