Remember the failure that was the Obama American Reinvestment and Recovery Act?
That worked so well that the Democrats are looking to do it all over again.
A trip down memory lane with Don Surber:
Remember all those shovel-ready jobs that weren't?
Democrats plan to spend $2 trillion on infrastructure. Before we do that, let's look back on the $787 billion Democrats blew the last time they controlled Congress and the presidency.
The American Reinvestment and Recovery Act was supposed to save jobs and improve our roads, bridges, and airports.
Obama sold it as a preventative to further job losses. He told ABC, "Here's what we know though, that the sooner a recovery and reinvestment package is in place, the sooner we can start turning the economy around. We can't afford three, four, five, six more months where we're losing half a million jobs per month.
"And the estimates are that if we don't do anything, we could see 4 million jobs lost this year."
Instead we blew nearly a trillion bucks and lost 3,443,000 jobs anyway. The numbers are here.
He said if we did nothing unemployment would hit 9%!
It hit 10%.
In fact, the recovery act slowed down the recovery. The unemployment rate was 7.8% when he took office, and 7.8% when he was re-elected.
In between times was a lot of pain and misery for the people, and pockets lined with cash for Democrats.
Much more at the site - the parallels with the bill that the current administration is trying to ram through are sobering. Don also reminds us that it was VP Biden who "ran" the first stimulus. A 12 years younger and less-senile Joe Biden.
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