Stimulus Spending Slows to a Trickle

000-0809232947Hot Air’s Ed Morrissey reports the following:

Two months ago, Barack Obama ordered his Cabinet to pick up the pace of stimulus spending after the public began losing confidence in its ability to generate an economic recovery.  With the unemployment rate heading to 9.5%, the need for Obama’s urgency was obvious.  So the federal government must really have turned on the cash spigots, right?  Wrong:

Stimulus bill spending has slowed to a trickle, despite President Obama’s June order to his Cabinet to speed it up.

The average stimulus spending per week has dropped severely, to just $4.2 billion over the past month from $9.7 billion during the prior four months. The government spent $2.9 billion in the week ending Aug. 7.

Taxpayer groups say the numbers show spending decisions are random and prove that the $787 billion stimulus program has had no effect on the economy.

“This is a typical bureaucracy. They don’t operate in an efficient way. They can’t operate in an efficient way and make an impact,” said Leslie Paige, media director for Citizens Against Government Waste.

When Casey Stengel managed the New York Mets in the team’s debut season — a team that had as many rookies, retreads, and screw-ups as the Obama Administration apparently does — he moaned, “Can’t anyone here play this game?”  It’s been six months for Team Obama, and they keep proving themselves inept at governance.  Instead of picking up the pace, they’ve cut the flow by two-thirds.

But by all means let’s put the government in charge of health care! What could possibly go wrong?

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One Comment on “Stimulus Spending Slows to a Trickle”


  1. And these are the same people who want us to allow them to run nearly 1/5 the of the economy. The same people who want us to give them another trillion or two to run healthcare. These are the same people who admit to not reading the bills they vote on. These are the same people whose only jobs more or less have been in politics.

    Find the facts and articles about health care at http://www.ilovebenefits.wordpress.com


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