…..only $90 billion out of $825 billion, or about 12 cents of every $1, is for something that can plausibly be considered a growth stimulus. And even many of these projects aren’t likely to help the economy immediately.
Read this from the Wall Street Journal for an overview of this almost trillion dollar spending plan they are trying to shove down our throats.
A few examples of what’s in this bill:
150 million to Acorn
4.8 million polar bear exhibit at the Providence, RI Zoo
$1.5 million water ride in Miami, FL.
$20 million minor league baseball museum in Durham, North Carolina;
$6.1 million for corporate jet hangars at the Fayetteville, Arkansas
$20 million for renovations at the Philadelphia Zoo;
$1.5 million program to reduce prostitution in Dayton, Ohio.
hundreds of millions for the ‘arts’
$500 million for global warming research
I am watching CSPAN debates on this bill in the U.S. House and I just heard someone say that this bill will cost OVER $200,000 TO CREATE ONE JOB.
UPDATED: WASHINGTON – In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration’s plan to revive a badly ailing economy.
The vote was 244-188, with Republicans unanimous in opposition despite Obama’s pleas for bipartisan support. Eleven Democrats voted against the measure, while no Republicans supported it.
Borrowed money, all, with interest!! Thank you, House Republicans for voting against this. The democrats own this one lock, stock, and barrel.
Of the Democrats, 11 voted against the measure. Among them: Allen Boyd, D-Fla., Bobby Bright, D-Ala., Jim Cooper, D-Tenn., Brad Ellsworth, D-Ind., Parker Griffith, D-Ala., Paul Kanjorski, D-Penn., Frank M. Kratovil, D-Md., Walt Minnick, D-Idaho, John E. Peterson, D-Penn., Heath Shuler, D-N.C., and Gene Taylor, D-Miss.