{"id":3146,"date":"2011-07-05T11:36:27","date_gmt":"2011-07-05T11:36:27","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=3146"},"modified":"2011-07-05T11:36:27","modified_gmt":"2011-07-05T11:36:27","slug":"what_the_government_stimulus_p","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=3146","title":{"rendered":"What The Government Stimulus Program Actually Cost"},"content":{"rendered":"

The Weekly Standard<\/a> posted a story on Sunday about the actual impact of the government stimulus program.  The program cost $666 billion and is said to have created or saved just under 2.4 million private or public jobs.  That amounts to a cost to taxpayers of $278,000 per job.  <\/p>\n

The aricle points out:<\/p>\n

\n

“Furthermore, the council (White House’s Council of Economic Advisors<\/em>) reports that, as of two quarters ago, the “stimulus” had added or saved just under 2.7 million jobs — or 288,000 more than it has now.  In other words, over the past six months, the economy would have added or saved more jobs without the “stimulus” than it has with it. In comparison to how things would otherwise have been, the “stimulus” has been working in reverse over the past six months, causing the economy to shed jobs.”<\/em><\/p>\n<\/blockquote>\n

This seems to be an awful lot of money spent on something that did not work.  And we still have to pay back the money!  <\/p>\n

The article points out that at the end of 2008, when President Obama was about to take office, the national debt was $9.986 trillion.  The national debt is now $14,467 trillion and climbing.  It is definitely time to cut spending! <\/p>\n","protected":false},"excerpt":{"rendered":"

The Weekly Standard posted a story on Sunday about the actual impact of the government stimulus program.  The program cost $666 billion and is said to have created or saved just under 2.4 million private or public jobs.  That amounts to a … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3146","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3146"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}