
This is just breathtaking. Apart from the headline grabbing examples of utter waste shoved into the "stimulus bill" by Imbecile Pelosi et al. (which everyone knows won't stimulate anything), these are a few of the items that the administration thinks will actually work at creating jobs:
$79 billion for State Fiscal Stabilization Fund
$4.5 billion for U.S. Army Corps of Engineers
$850 million for Amtrak
$87 million for a polar icebreaking ship
$1.7 billion for the National Park System
$55 million for Historic Preservation Fund
$7.6 billion for “rural community advancement programs”
$150 million for agricultural-commodity purchases
$150 million for “producers of livestock, honeybees, and farm-raised fish”
$15 billion for business-loss carry-backs
$145 billion for “Making Work Pay” tax credits
$83 billion for the earned income credit
$150 million for the Smithsonian
$34 million to renovate the Department of Commerce headquarters
$500 million for improvement projects for National Institutes of Health facilities
$44 million for repairs to Department of Agriculture headquarters
$350 million for Agriculture Department computers
$88 million to help move the Public Health Service into a new building
$448 million for constructing a new Homeland Security Department headquarters
$600 million to convert the federal auto fleet to hybrids
$450 million for NASA (carve-out for “climate-research missions”)
$600 million for NOAA (carve-out for “climate modeling”)
$1 billion for the Census Bureau
$89 billion for Medicaid
$30 billion for COBRA insurance extension
$36 billion for expanded unemployment benefits
$20 billion for food stamps
$50 million for the National Endowment for the Arts
$380 million in the Senate bill for the Women, Infants and Children program
$300 million for grants to combat violence against women
$2 billion for federal child-care block grants
$6 billion for university building projects
$15 billion for boosting Pell Grant college scholarships
$4 billion for job-training programs, including $1.2 billion for “youths” up to the age of 24
$1 billion for community-development block grants
$4.2 billion for “neighborhood stabilization activities”
$650 million for digital-TV coupons; $90 million to educate “vulnerable populations”
$2 billion for renewable-energy research ($400 million for global-warming research)
$2 billion for a “clean coal” power plant in Illinois
$6.2 billion for the Weatherization Assistance Program
$3.5 billion for energy-efficiency and conservation block grants
$3.4 billion for the State Energy Program
$200 million for state and local electric-transport projects
$300 million for energy-efficient-appliance rebate programs
$400 million for hybrid cars for state and local governments
$1 billion for the manufacturing of advanced batteries
$1.5 billion for green-technology loan guarantees
$8 billion for innovative-technology loan-guarantee program
$2.4 billion for carbon-capture demonstration projects
$4.5 billion for electricity grid
By my count that's $503,336,000,000.00 that the federal government has every intention of taking from the private citizens by force, and distributing as they see fit. Basically it's a massive giveaway to every pie in the sky liberal interest group, and entrenched bureaucrat in the federal government. Personally I think we would do just as well if Obama spent the money on Palaces.
This recession is going to continue for some time. Specifically it will continue until we stop believing in economic fairy tales. The government can't create growth by spending money poorly. In fact, it can't even create it by spending it well (not that it has ever tried). All it can do is make it harder for the people who could otherwise create that growthby burying them under oppressive taxation and fantasy driven regulation.
for more detail on the how and why of the waste in each of these items, see here.

1 comments:
The worst thing is that some of this spending isn't outside the realm of what the govenrment is supposed to do. The timing is just wrong. Some of these I might support, if done with more common sense.
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