Tuesday, August 18, 2009

Drip....drip....drip....

How's that stimulus working out these days?

In a time when we're supposed to be learning to trust our government to take over health care, a major branch of the economy, how good are they when it comes to blowing our taxpayer dollars?

They're not.
Stimulus bill spending has slowed to a trickle, despite President Obama's June order to his Cabinet to speed it up.

The average stimulus spending per week has dropped severely, to just $4.2 billion over the past month from $9.7 billion during the prior four months. The government spent $2.9 billion in the week ending Aug. 7.

Taxpayer groups say the numbers show spending decisions are random and prove that the $787 billion stimulus program has had no effect on the economy.

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