Monday, June 8, 2009

Where the 'Stimulus' Money Is Going

From the Las Vegas Journal
"Most of the roughly $300 billion coming directly to the states is being funneled through existing government programs for health care, education, unemployment benefits, food stamps and other social services," The Associated Press reported this week.

Two-thirds of recovery money that flows directly to states will go toward health care. Not hiring new doctors or nurses, mind you. Just paying medical bills for poor people -- and the salaries of those who handle this redistribution of your hard-earned cash.

By comparison, about 15 percent of the stimulus money will end up going for transportation -- including airports, highways and rail projects -- according to Federal Funds Information for States, a service of the National Governors Association and the National Conference of State Legislatures.

Overall, two-thirds of the stimulus funds will go to subsidize state budgets and unemployment compensation -- paying people not to work. Much smaller pieces of the pie will be allocated for weatherization, affordable housing and other projects designed to create jobs, The AP reports.
No one has a right to be surprised at any of this. It goes without saying that this will all go without being said by Obama and his Congressional cronies. Thieving "more equal than some" pigs.

1 comment:

Galt-in-Da-Box said...

Reality check:
It's not "our hard-earned money", it's borrowed from China, like 60 trillion of the rest of the national debt, and will never be paid back unless we become a Weimar Republic clone!
Of course, Khazakh bankers and doctors getting it see no problem with that, it just builds their power base...until they end up in cattle cars again.