One of the benefits for the stimulus package wasn’t the support of flagging companies directly.  The stimulus package was supposed to create and save jobs.  That’s what most of the money was earmarked for, what it was intended to do, and what it did NOT do.  According to a survey by the National Association for Business Economics, 73 percent of members polled said their place of employment hadn’t hired more workers using stimulus money.  The economy is recovering, but the nearly $800 billion dollar stimulus package has little or nothing to do with it.

That sounds about right.  The stimulus package money I’ve seen spent is mostly related to road construction or repairs, which the city was going to have to do anyway.  This way, they just pay workers out of the stimulus funding and spend the money they would’ve had to use for that road repair somewhere else.  It’s not saving jobs, it’s merely shifting cash around.

That sounds about right.  Government money being wasted on government functions that aren’t useful.

Tags: stimulus, economic stimulus package, the stimulus did not help, bailouts, wall street, fiscal policy, National Association for Business Economics, surveys, employment

I’ve never had a problem eating food from a gas station.  Just two weeks ago, I ate a couple of hot dogs purchased from a gas station.  They were delicious.  That’s not the first time I’ve eaten gas station food, and I doubt it will be the last.  There’s nothing like a fun food novelty. […]

Commissioner Roger Goodell gathered 32 NFL owners for one big question.  One of the league’s most wanderlust-stricken franchises is looking to move again.  The Oakland-Los Angeles-Oakland Raiders, tired of gutting it out in a run-down stadium, were once again looking for greener pastures.  Only the Miami Dolphins refused to cooperate.  With a vote of 31-1, […]

In 2006, an injury to Dallas Cowboys starting quarterback Drew Bledsoe opened the door for an undrafted free agent by the name of Tony Romo to take the helm of America’s Team and lead the Dallas Cowboys to an early playoff exit.  Bledsoe went from starter to afterthought in a season.  Now, the circle continues […]

For 89 years, Oscars has never had a major mistake.  The last few Oscars might have had a few flubs, but at least they never got the most important category of the night wrong.  Well, that’s now changed, all thanks to OG Bonnie and Clyde legends Warren Beatty and Faye Dunaway.  When Faye Dunaway called […]

Tom Brady has been wildly successful, if controversial.  He’s the first quarterback ever to win five Super Bowls and only the second player to do so after Charles Haley.  Unlike Haley, Brady won all his Super Bowls with the same team, the New England Patriots.  The only thing that seems to be able to stop […]

Ben Affleck, no matter what you might think of him, is a talented actor and director.  He’s got the goods, but he’s smart enough to know when he’s in over his head.  All along, since he took on the mantle of Batman, he’s had his eyes on writing, directing, and starring as the Caped Crusader. […]

In May, students for the for-profit American College of Education were running into some problems.  Their access to email accounts and course information was locked down by Google, who had disabled their accounts.  The reason why?  A fired IT worker for the American College of Education locked the school out of their Google cloud account. […]