Economic Stimulus: “The Abominable Snowball” Part 1

by CJFosdick on February 5, 2009

WASHINGTON - FEBRUARY 02: Senate Minority Lead...
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As I write, “The Abominable Snowball” called the Economic Stimulus Plan is rolling faster and faster down the “snow-covered slopes” of the Senate, gaining in girth and weight with each rotation of added “snow”. The bill this morning was $925 billion, up from the $825 billion bill the House voted on, this in the face of growing public dissatisfaction at the massive cost of this bill. The Senators just can’t seem to keep from adding more “ice” (lard) to the bill. This has become more than a Conservative Issues problem; it is now an American Issues problem.

Here are some examples:
•Austin —               A 36 hole Frisbee Course      $866 thousand       creating 4 jobs.
•Las Vegas —         Neon Signs Downtown,        $2 million              creating 10 jobs.
•Shreveport —        8 Equipped Harleys,              $150 thousand       creating 1 job.
•Chula Vista —      A Dog Park,                           $500 thousand       creating 7 jobs.
•Virginia Beach — Replace tennis courts,            $1.8 million          creating 38 jobs.*

THAT IS A TOTAL OF $2 MILION, $216 THOUSAND; ($2,216,000); IT WILL ADD A WHOPPING TOTAL OF 60 JOBS. Now that is a real bargain — and guess what — these are all “shovel ready”? We can offer the 60 jobs here to some poor souls (half a million in January) who have already lost their jobs. Let’s see, 500,000 minus 60 = 5,000,040 JOBS LEFT TO FILL, JUST TO TAKE CARE OF January’s loss. Whoopee!

Seriously, America needs a good shot in the arm to its economy. We need to create new jobs and we need to do it immediately if not sooner. The sixty jobs shown above would be like adding one drop of rain to the raging hurricane of lost jobs. Now Obama keeps saying the total bill will add 3 to 4 million jobs to our sagging economy and the money is desperately needed. America might never recover if we don’t get this bill.

Details about these new job estimates are hard to find, and change minute by minute. But by the best guess, job-gain will add only about 1.7 to 2.1 million jobs, not the 3 to 4 million Obama claims. It is also estimated that each job created will cost taxpayers on average $200,000 EACH  JOB!

EVEN IF YOU HAVE ALL READY CALLED YOUR SENATORS, CALL AGAIN AND PROTEST. WE DO NOT NEED THIS HUMUNGOUS, ABOMINABLE SNOWBALL CALLED THE ECONOMIC STIMULUS PACKAGE.

*Statistics taken from “Fox and Friends” Fox News Channel, 2/4/09

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