Obama Refused to Get Unemployment Down in 2009 Because It Wasn't An Election Year, Suggests...His Own Budget

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http://mypetjawa.mu.nu/archives/200802.php

Erik Erickson makes an unsettling discovery in the Obama Budget Proposal on page 9:

All told, as of the end of November 2009, about 50 percent of Recovery Act funds--or $395 billion--has been either obligated or is providing assistance directly to Americans in the form of tax relief. BY DESIGN, the bulk of the remaining 50 percent of Recovery Act funds will be deployed in the coming months of 2010 and during the beginning of 2011 to support additional job creation when our economy continues to need a boost. Many of the programs slated to receive additional funding in the near future are those with significant promise of job creation. These include more than $7 billion in broadband expansion, approximately $8 billion in funds to lay the foundation for a high-speed rail network, and continued funding for other transportation projects. All told, the Recovery Act is on track to meet the goal of disbursing 70 percent of its funds in the first 18 months of its life.

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Belisarius

This is my place to vent a little and get things off my chest. I am a retired Marine who has interests in WMDs. Since WMD events are, thankfully, few in number, I spend a lot of time reading about people likely to use them. This takes me on some interesting tangents. I travel alot in my post retirement career and do not always have time to comment as I post articles. Give me a day or two to catch up if I skip comments, please.

Email: belisarius =at= politicalinsecurity =dot= com

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This page contains a single entry by Belisarius published on February 2, 2010 2:54 PM.

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