Members in the house and senate passed the so called American Recovery and Reinvestment act weeks ago totalling close to 850 billion. This in no way shape or form is any type of recovery in the current economy. It is nothing more than a socialist spending bill that no one had time to read the 1000 page bill. BO at the time stated, "if we dont act immediately, millions of more jobs will be lost." So heres the kicker, most of this money will not come into play until 2012, just in time for BO's re-election...so many Americans had better not get their hopes up too quickly. This spending is the same thing that happened with FDRs new deal and BO actually believed that ended the Great Depression. Much of the bill was pushed as investment in infrastructure but that is only 50 billion worth of the spending.
Well its a good thing that we had to act immediately and pass a bill that no one really the content of that just promotes socialism and big government. Its sole intent was to create or save jobs but most of the money will not be immediate and will only create more goverment jobs and kill the private sector and entrepreneurship.
54% of Americans actually believe BO and his cronies are doing the right thing with the spending bill. Its only a matter of time before people wake up and realize they were sold out once again by BO just like his centrist campaign promises. WAKE UP AMERICA!
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