"I have moved quickly to work with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will immediately jump- start job creation and long-term growth ...this plan must begin today, a plan I am confident will save or create at least 3 million jobs over the next few years." --President-Elect Barack Obama, January 8, 2009
What actually happened? "6% of the money went to construction projects. Much of the rest redistributed wealth from the private sector to the public sector unions."
Read the whole thing.
Seriously is anyone surprised here?
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