Tag Archive for porkulus

CBO: Stimulus Bill to Cost $75 Billion More Than Expected

Mao be praised. Fox News reports: The $787 billion federal stimulus package that Congress passed last year has gotten even bigger — now expected to cost $862 billion, over the next 10 years, according to the Congressional Budget Office. The nonpartisan CBO report, published Tuesday, attributes the $75 billion increase to added unemployment-related costs. More…

Stimulus II: A Sequel America Can't Afford

Dan Mitchell explains why Porkulus Part Deux is a surefire plan for economic stagnation. Why Keynesian Economics Is Wrong Labor Department numbers show that the Obama Administrations $787 billion stimulus was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent. Now there is discussion…

Porkulus Money Floods Non-Existent Zip Codes

If you live in the non-existent zip code of 97052, you received $373,874 Praise Mao New Mexico Watchdog reports: Closer examination of the latest recovery.gov report for New Mexico shows hundreds of thousands of dollars sent to and credited with creating jobs in zip codes that do not exist in New Mexico or anywhere else.…