It’s been one year since President Obama signed into law the trillion-dollar “stimulus” spending bill opposed by Congressman Boehner. What have we gotten for all of this spending? More debt and fewer jobs.The Hill links to a report released by Boehner today that debunks the Administration’s claims that the so-called “stimulus” has worked “and touts Republican alternatives as better-suited to stimulate job growth.” Bloomberg News reports:
“Republicans released their own report, with House Minority Leader John Boehner saying the stimulus law’s first anniversary ‘marks one year of broken promises, bloated government, and wasteful spending.’
“Since the measure was passed, ‘more than 3 million Americans have lost their jobs, unemployment is near 10 percent and the deficit is set to hit a record $1.6 trillion,’ Boehner said in a statement accompanying the Republican report, entitled ‘Where Are the Jobs?’”
The Dayton Daily News reports that “Ohio unemployment was at 9.5 percent in February 2009 and rose to 10.9 percent in December 2009, the last month for which federal figures are available. Also, the state lost 107,800 jobs from February- December, 2009, according to federal data.”
And NPR reports that all of the new government spending proposed by the Obama Administration means “the national deficit will crest at a record-breaking almost $1.6 trillion in the current fiscal year.” Boehner says taxpayers aren’t getting their money’s worth. According to CNN:
“’The American people took on record amounts of debt to fund Washington Democrats’ trillion-dollar ’stimulus’ and a year later the nation’s unemployment rate is near 10%,’ said Rep. John Boehner, R-Ohio, the House’s top Republican. ‘Taxpayers aren’t getting their money’s worth from the trillion-dollar ’stimulus’ and struggling families and small businesses are rightly asking, ‘Where are the jobs?’”
To learn more about the “no cost” plan for creating new jobs supported by Boehner, click here.