wrote in message ...
On Fri, 18 Feb 2011 16:26:53 -0700, Canuck57
wrote:
On 17/02/2011 12:47 PM, wrote:
On Thu, 17 Feb 2011 10:35:40 -0800 (PST), Frogwatch
wrote:
Very few Americans have seen any of that trillion dollars in stimulus
money cuz most went to Obama cronies. I have been talking to two very
large european companies this week who say the got a large amount of
stimulus money. I just though people would like to know who got it.
As usual, you're full of it.
Not really, have you seen any of the $4 trillion Obama-debt is flowing?
Who knows, maybe Ashley Turton and John Wheeler knew. No one else knows
where it is all going.
Because you would think the 100M workers would notice $40K/per and that
is just the debt part.
You really need to get some meds or something. You're just ranting and
honestly it's very unattractive.
The State I reside in (MA) received just under $8B of the federal stimulus
package.
The bulk of the money was spent on:
1. Extension of initial unemployment benefits to 46 weeks.
2. Increase in the maximum unemployment benefit payouts by $25/week.
3. Subsidizing of 67 percent of Cobra Health Insurance costs by the
unemployed.
4. $400 tax credit to anyone with a job for the year (if you make under
$95k/year).
5. One time $250 Social Security payment bonus for non-workers.
You can argue that the $8B was spent wisely and for good reasons but I don't
think it can really be called "Stimulus" money.
It hasn't stimulated a thing in terms of creating jobs. All it did was to
make the current economic conditions a tiny bit more tolerable by those
affected for a limited period of time. The money is now gone and there's
no more coming.
“Give a man a fish, and he will eat for a day. Teach a man to fish and he
will eat for a lifetime.”
(Chinese Proverb boating content)
Eisboch