In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent. Well, the new numbers just came out and the joblessness rate is 7.9 percent. So even though his stimulus failed, and even though his class-warfare tax policy is like [...]

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(CNSNews.com) – Three years ago, Education Secretary Arne Duncan announced that the Obama administration would spend $3.5 billion — including $3 billion in stimulus funding — on Student Improvement Grants. The money, he said, would “support the transformational changes that are needed to turn around the nation’s lowest-achieving schools.” Now, after the Obama administration spent [...]

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CNSNews.com – The Obama administration allowed millions of dollars in federal stimulus funds to go to foreign companies, despite recent statements by President Barack Obama that he opposes “shipping jobs overseas.” “I want to stop giving tax breaks to companies that ship jobs and factories overseas,” Obama said in a speech in Cedar Rapids, Iowa [...]

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(CNSNews.com) – On the third anniversary of President Barack Obama’s $787-billion stimulus spending program, the unemployment rate set a new record, staying above 8 percent for the longest period since the end of World War II – 36 months. President Barack Obama signed an economic stimulus law, now determined by the CBO to cost $821 [...]

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Buried within the Congressional Budget Office’s most recent report on the progress of President Obama’s American Recovery and Reinvestment Act was a surprising admission: the CBO now estimates the stimulus might have been only half as effective as previously thought. You wouldn’t know it from the headlines. “Stimulus added up to 3.3M jobs,” reads a [...]

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In 2009, Joe Biden, the Conductor of the Train to the Future, gave California’s high speed rail proposal his full support. Subsequently, $2.25 billion of the money for California’s rail construction came from the federal stimulus — a drop in an ever expanding bucket as it turns out. via Michelle Malkin » California High Speed [...]

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President Barack Obama will raise money in early October with a Missouri businessman whose company benefited from a $107 million federal tax credit to develop a wind power facility in his state. Tom Carnahan, a scion of Missouri’s most prominent Democratic political family, is listed on Obama’s campaign website as a host of a $25,000-per-person [...]

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Just days after the Labor Department announced zero job growth for the month of August, Rep. Debbie Wasserman Schultz (D.-Fla.), the chair of the Democratic National Committee, said that the economy is “continuing on the upswing” and that every economist “worth their salt” acknowledges that this is the result of the economic stimulus signed into law by [...]

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The jobs created or saved by the federal government’s economic stimulus spending are steadily going away, according to a report from the White House Council of Economic Advisors (CEA). As stimulus spending declines, so too does the support it provided to employment. via White House Economists: Stimulus Jobs Slowly Going Away | CNSnews.com. Share on [...]

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Democratic leaders called on Wednesday for new spending and tax cuts to boost the sluggish U.S. economy, setting up a fresh hurdle for bipartisan efforts to head off a government debt default this summer. via WRAPUP 5-Democrats push for jobs package in debt deal | Reuters. Share on Facebook

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