The city of Los Angeles saved or created 55 jobs with a cost to the taxpayer of 1.5 million dollars per job. That is the efficiency of the government trying to spend their way out of a recession. For this, the city controller gave the government a grade of B-. Wow, that is really grading on the curve! No wonder they call Los Angeles la la land.
Three words people: NOVEMBER IS COMING!
So this week, the government program du-jour is a $50 billion dollar infrastructure plan to “rebuild roads, railways, and runways.” This is what President Obama now wants Congress to pass.
Looking back, wasn’t that what the $787 Billion dollar stimulus project was supposed to fix? Weren’t those supposed to be “shovel ready jobs” that would focus on infrastructure? So $787 Billion didn’t do it, but now we think that $50 billion more will?
Wake up Mr. Obama, hope is gone and there is no change left in the kitty. It’s time to smell the coffee, and take back congress, people! We’ve had enough Kool-Aid. Government spending will never turn an economy around. Only the ingenuity of the private sector can save us at this point and right now with all of the new rules, regulations, and anti-business environment that has taken over Washington, that possibility is also fading fast.
Get out there and make sure that in November, congress is NOT in the hands of the people who are spending us into oblivion!