Tuesday, September 7, 2010

The Effects of Recovery Summer and Stimulus: Week in Review

By Adam Bitely
Over the past week at NetRightDaily.com we have reviewed Ohio, South Carolina, Missouri, Illinois and Wisconsin in our continuing series investigating what effects the Recovery Act and the “Summer of Recovery” have had on the states. These five states alone show a different picture than the Obama administration would lead us to believe.

To see the large discrepancy that continues to develop between the Obama administration’s “recovery” myths and the reality of the high unemployment situations that the states are facing, just look at a state like Illinois — the home state of Obama.

Illinois received nearly $8.5 billion in “stimulus” money according to Recovery.gov. Next door in Missouri, they received nearly $4.3 billion in “stimulus” funding. One would expect that job creation in Illinois would have been nearly twice as much, given that there was twice as much “stimulus” money spent. But the government’s own data shows a different result. With nearly twice the amount of “stimulus” money, Illinois created only 2,000 more jobs than Missouri — a pitiful amount when you consider the amount of money spent.

Unfortunately, the bad news doesn’t end there.
Get full story here.

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