Friday, January 23, 2009

The New Stimulus Package May not Produce a Single Job

In a recent House Ways and Means Committee meeting, the ranking member, Dave Camp (R-MI), asked the Majority Tax Staff Director a very simple question. How many jobs will the Democrats proposed stimulus package create? The man who is supposedly the expert on this topic was forced to admit that he didn't know that any jobs would necessarily be created. Over $700 billion on a plan that won't necessarily do what it purports to do? Is this really smart?

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