The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!
Hi, (not you?) | Member Center | Sign Out
Posted: 7:54 a.m. Tuesday, Oct. 25, 2011
comment(11)
By Neal Boortz
Debbie Wasserman Shultz and Joe Biden must be receiving the same talking points, because they are both sounding equally clueless when it comes to our economy. I’ve said it before and I’ll say it again … sometimes you can’t defend the indefensible. But that is exactly what these folks are trying to do: defend the stimulus bill as a monumental success for our economy.
In a recent interview, Joe Biden said the following: “Nobody can look you in the eye and tell you the Recovery Act and the Stimulus did not create jobs and did not do very good things for our economy.” Oh yeah? Let’s take a look at some of the facts, shall we?
We have 2.5 fewer Americans working today than we did when Obama was inaugurated (the stimulus was passed just one month later, in February 2009). We have an unemployment rate that sits at 9.1%, while it was 7.6% when Obama was inaugurated. The real unemployment rate, by the way, is an astounding 16.2%. The federal government has borrowed an additional $29,660 per household since Obama signed his precious “recovery” bill. There are 14 million more Americans on food stamps today than there was when Obama was inaugurated. Our national debt has increased $3.7 trillion since Obama took office. Barack Obama may be the first president since WWII to never see a quarter of economic growth above 4%. When Obama was inaugurated, 2.6 million Americans were considered “long-term unemployed.” Now that figure is 6.2 million Americans.
We spent $800+ billion to accomplish THAT? Let’s face it .. the recovery act was just a way for Democrats to pass their pork barrel legislation under the guise of economic stimulus. Let’s take a look at some of the stimulus projects that Joe Biden says supposedly did “great things for our economy.”
Here are some more “stimulus” horror stories, including the $500 million for an electric car company to make cars … in Finland. Maybe Joe Biden gets a pass on that one. The stimulus DID create jobs. Just not in the United States. And this one … the $7 million for four Oregon forestry services firms to hire no U.S. workers.
Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.
Connect with Neal Boortz on:Twitter
comment(11)
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
Already have an account? Sign In
{* #registrationForm *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Already have an account? Sign In
{* #registrationFormBlank *} {* registration_firstName *} {* registration_lastName *} {* traditionalRegistration_displayName *} {* traditionalRegistration_emailAddressBlank *} {* registration_birthday *} {* registration_gender *} {* registration_postalZip *} {* traditionalRegistration_passwordBlank *} {* traditionalRegistration_passwordConfirmBlank *} {* agreeToTerms *}We have sent you a confirmation email. Please check your email and click on the link to activate your account.
We look forward to seeing you frequently. Visit us and sign in to update your profile, receive the latest news and keep up to date with mobile alerts.
Don't worry, it happens. We'll send you a link to create a new password.
{* #forgotPasswordForm *} {* forgotPassword_emailAddress *}We have sent you an email with a link to change your password.
We've sent an email with instructions to create a new password. Your existing password has not been changed.
To sign in you must verify your email address. Fill out the form below and we'll send you an email to verify.
{* #resendVerificationForm *} {* resendVerification_emailAddress *}Check your email for a link to verify your email address.


You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}