It’s good to be the king
(Daily Caller) President Barack Obama went golfing on the five-year anniversary of his failed $831 billion stimulus bill.
GOP legislators slammed Obama and his policies as Obama hit the links Monday morning at the Sunnylands course, which is located beside Gerald Ford Drive, near Palm Springs, Calif. He went golfing with friends Bobby Titcomb, Greg Orme and Michael Ramos, according to a pool report.
“The percentage of Americans participating in the labor force is at the lowest level since Jimmy Carter occupied the White House as millions of discouraged job seekers have simply stopped looking for work,†said a statement from Sen. John Thune.
Remember, Obama flew out to Fresno Saturday in order to give a short speech on “climate change” and promising a $1 billion slush fund would be in his budget. Then he flew down to Palm Springs to play golf. And has been there ever since. Living the high life on the taxpayer dime.
Michelle Malkin celebrates the anniversary and asks “how’s that Wreckovery working for ya?”
The actual cost of the $800 billion pork-laden stimulus has ballooned to nearly $2 trillion. At the time of the law’s signing, the unemployment rate hovered near 8 percent. Obama’s egghead economists projected that the jobless rate would never rise above 8 percent and would plunge to 5 percent by December 2013. The actual jobless rate in January was 6.6 percent, with an abysmal labor force participation rate of 63 percent (a teeny uptick from December, but still at a four-decade low).
By all measures the Stimulus was a failure. Marco Rubio
“If you recall five years ago, the notion was that if the government spent all this money — that, by the way, was borrowed— that somehow the economy would begin to grow and create jobs. Well, of course, it clearly failed,†Rubio says in the video, according to POLITICO’s Mike Allen in Playbook. “Five years later, underemployment is still too high, the number of people that have dropped out of the workforce is astounding, unemployment remains stubbornly high and our economy isn’t growing fast enough — proof that massive government spending, particularly debt spending, is not the solution to our economic growth problems.â€
Nothing much has changed from this article by Reince Preibius on the Stimulus’ 5 biggest failures. Let’s not forget, as Obamazombies attempt to defend the insane spending program that the recession officially ended prior to the Stimulus really kicking in.
