Here's a graph showing how unemployment spiked at the end of 2009. It took a significant upswing starting in August of last year. This is despite the $800,000,000,000.00 "stimulus package". Now, surprisingly, even the AP is admitting that all that money was wasted.
Ten months into President Barack Obama’s first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found.As an unemployed cabinetmaker as well as union member, I can definitely assure the country that construction industry employment hasn't increased. I can't even get work at $12 hour hammering together crates as an "entry" level carpenter, despite having 10 years experience. Companies are hiring illegals since they won't have to provide them with insurance if the planned government seizure of health care goes through.
Mr. Obama, you would have done better to give that money out individually. It certainly would have done more good. Instead you squandered it on special interests that have donated money to your party. I hope the payback was worth it. Your party is certainly going to pay at the polls this fall.
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