Obama’s Doing the Opposite of Creating Jobs
December 16th, 2009 Posted in Economy
The first stimulus package is a prime example of Washington’s wrong-headed thinking. So far it has created few, if any, new jobs for two reasons.
First, very little of the $787 billion package has actually reached the economy — only 20%, to be precise. Second, only a tiny piece of that has gone directly into job creation.
The Administration’s latest proposals to increase jobs give with one hand while taking back with the other.
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