Wednesday, February 18, 2009

Obama’s Stimulus Will Cause 'Lower Wages' for American Workers, Says Congressional Budget Office

( – The huge economic stimulus package that President Obama signed into law Tuesday will result in “lower wages” for American workers, according to the Congressional Budget Office (CBO).

I haven't heard one good thing that's going to come out of the so-called stimulus package. I know the O says it's going to create jobs, but enough to warrant spending that much money?

I saw a bit on the news last night showing that the stimulus was already putting people to work. They showed a construction crew working and said they went back to work as a result of the stimulus.

Now, for one thing, it was an ongoing construction site with pipes and pilings already in the ground. For another, the money hasn't gotten anywhere yet.

I would "assume" they were implying that the city or county called the guys the minute the stimulus was signed and said, hey, we're going to be getting some money so go back to work tomorrow???

Whatever. I think it's just media-O-love at work.

1 comment:

Debbies Choice said...

Obama is in way over his head. He actually has no idea on what to do about anything. And the people around him (Eric Holder and the rat pack) are all in the same boat.
They all are a bunch of Doom, gloom and guilt people rather than what they sould be. They offer NO confidence to the country at all. As a leader, Barack Obama is proving to be the carrier, not the cure. I'm sure that none of us are in the least bit suprised!