Obama’s Failed Stimulus Still Fleecing Taxpayers

It’s not healthy to dwell on the past.  But, for the taxpayers across the country, it is important to learn from past mistakes.  The continued problems with the American Recovery and Reinvestment Act (ARRA), aka Stimulus Plan, is a good lesson as to what not to do.  The nearly trillion-dollar spending package, passed on a party-line vote in 2009, was supposed to rocket the economy out of the recession.

The law funded absurd projects such as a snowmaking facility in Duluth, Minn., math and literacy coaches for North Carolina’s public school teachers, and a $3 million tunnel for turtles in Florida.

Still, then-President Obama promised up to 500,000 new construction jobs a month. Vice President Joe Biden declared the summer of 2010 as the “Recovery Summer.” Administration officials heralded “an explosion of projects” across the country. It couldn’t be all bad, right?

But as the air turned crisp and the shadows grew longer, even the taxpayer-funded National Public Radio couldn’t spin the results. “’Recovery Summer’ Ends with Economic Pothole,” read a September headline.

The failure of Obama’s stimulus plan would be laughable if it didn’t carry an $835 billion price tag. Or if it wasn’t still fleecing taxpayers.

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