
Where are the jobs, Joe? Where are the jobs?
And we quote from a White House press release dated May 13, 2009:
The Vice President today submitted his first quarterly report to the President detailing progress implementing the American Recovery and Reinvestment Act (ARRA). The report shows early progress providing immediate financial relief for American families and jump-starting billions of dollars in job-creating projects in the first quarter, with both the pace of spending and job creation expected to accelerate significantly in the coming months.
Looking ahead, an additional 600,000 jobs are expected to be created or saved under the Recovery Act in the next 100 days and billions of dollars in contracts and grants are expected to be awarded in the coming months. The report finds that the anticipated funds are already having an effect on economic and job growth as private sector companies staff up to meet expected demand for their products under Recovery Act programs and state and local governments adjust their spending plans ahead of receiving additional Recovery Act funds.
And to quote a popular bumper sticker, “Where are the jobs, you lying pile of excrement?”
OK, we didn’t really see that last part on a bumper sticker. But we wish we had.
Source: WhiteHouse.gov
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The only stimulus bill we’ve seen is the Bill Clinton reputation stimulus which is employing more than 600,000 trained pr professionals.