Editorializing On The Failed Stimulus

The Detroit News editorializes on the failure of the “stimulus bill” to create jobs and on the credibility gap created by the phony recovery.gov website reports on jobs “created or saved.”  The box to the right of the editorial shows the fake Michigan congressional districts which supposedly saw the creation of jobs as a result of stimulus spending.

I think it is pretty telling when one of the leading newspapers in one of the states that has been most hard-hit by the economic downturn concedes that the “stimulus bill” has been  poorly conceived failure. It is hard to argue with the logic of the editorial:  that the stimulus spending should have been specifically and exclusively used on meaningful public works projects, where the jobs that were created could be counted with more assurance and the result would be something of use to the surrounding community, like a rebuilt bridge or road (except in the case of the John Murtha airport, which no one really uses).  Instead, the stimulus money was frittered away on the pet projects of our congressional representatives and used to give raises to those already employed, the books have been cooked on the jobs “created or saved,” and we will be paying off the increased debt as a result of that spending for decades.

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