Tuesday, January 29, 2013

Public Employee Union Stimulus Aid



Want to know why the stimulus did not produce the jobs it supposedly was intended to do, but, instead had another primary purpose?

The funds were partially used for "donations" to those "friendly" states (in the opinion of the Administration) who had budget deficits. The latter are always primarily due to fancy state and local government contracts. 

 The stimulus had become more of a political slush fund than an overall job creator.
 (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)


 

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