July 16, 2009

Where is the stimulus money going?

You have to see this graph to really grasp how fucking ridiculous the whole thing is. 

Of the $29 billion spent this year, 90 percent has gone to assist Medicaid and to stabilize tottering state budgets, according to the report. That’s not just job creation — that’s emergency rescue, a fiscal crutch propping up our humpback deficit-ridden states.

No wonder the unemployment rate dropping so quickly.

Posted by: Moron Pundit at 04:26 PM | No Comments | Add Comment
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