AFP-IL: Stimulus Bill anniversary's nothing to celebrate
Today a group of Americans for Prosperity – Illinois activists took to the streets to send Vice President Joe Biden the message that the $787 billion stimulus bill is nothing to celebrate.
The Vice President was in Granite City this afternoon trying to convince the American people that five years after passing the Stimulus Bill the economy is back on track.
Since the passage of the Obama stimulus package, the national debt has grown by almost $7 trillion dollars, food stamp enrollment has nearly doubled, the median income has fallen by more than $2,500 and over 10 million Americans are still out of work.
AFP – IL activists Mary Gray said, “Try telling the people who were working 5 years ago and are now out of work and on food stamps that the stimulus helped them and their families.”
The Obama administration claims unemployment has come down slightly in recent months, but it has little to do with the failed stimulus, and is due primarily to so many folks exiting the workforce. In fact labor participation hasn’t been this low since Jimmy Carter was in the White House.
Taxpayers were told the stimulus would pour money into transportation infrastructure projects, however a recent Wall Street Journal article highlighted that less than 10% of the over $380 billion was spent on such projects. Instead the millions of stimulus dollars were wasted. Nearly $1 million was spent on a study of why young people consume malt liquor and marijuana and an additional $100,000 was spent by the Army Corps of Engineers for costumes for mascots like Bobber the Water Safety Dog.
“This anniversary should give our lawmakers a reason to look to free market solutions to solve our economic woes. Instead of repeating the mistakes of the past, Congress must reign in out of control federal spending,” David From, State Director, Americans for Prosperity – Illinois.
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