I’ve previously posted on the tiny amount of job creation that has been attributed to the massive “stimulus bill.” Now it turns out that even the 34,000 jobs that the government claimed were “saved or created” by stimulus spending is itself an inflated figure. An AP report states that the reported number of jobs “created or saved” is overstated by thousands of jobs, with some jobs double- and even triple-counted and others just invented.
Taxpayers legitimately should ask whether the stimulus package, which was supposed to have an immediate impact on the economy, is worth its near trillion-dollar price tag as we view the employment results some 8 months later. It is hard to avoid the conclusion that our elected representatives viewed the stimulus package as a once-in-a-lifetime opportunity to reward political supporters and cronies with government contracts, to no apparent purpose. Having sown the wind with their crass and purely political uses of our tax dollars, I hope those wretched politicians who wrote and voted for the stimulus package someday reap the whirlwind.