Browsing All Posts filed under »Porkulus«

New Fed study suggests net job creation from Porkulus was … zero

December 6, 2010

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The economists at e21 take a long look at a new study by Daniel Wilson at the San Francisco Fed on the effect on employment from the Obama administration’s stimulus plan, which indicates that the impact was a lot less than advertised.  Instead of adding two million jobs to the economy, the Fed finds that […]

Ready your shovels!

October 21, 2010

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The NY Times has an epic piece titled “The Education of President Obama” which kicks off on page one with some real show-stoppers. First, there’s the President’s self-congratulatory “admission” that: Given how much stuff was coming at us… we probably spent much more time trying to get the policy right than trying to get the […]

Surprise! Teachers Not Receiving the $10 Billion Promised by Obama and Pelosi

August 18, 2010

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What was touted as legislation to “save the teachers” by President Obama and Nancy Pelosi, the New York Times reports that most school districts are taking advantage of the loophole in the $26 Billion legislation. “A $26 billion federal aid package, signed by President Obama on Aug. 10, allocates $10 billion for school districts to […]

The $26 Billion Bribe for Teacher Union Votes

August 18, 2010

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After the money starts to filter in, the truth starts to filter out. The $26 billion edujobs bill passed and was signed into law. The money will soon be on its way to school districts across the country. What we’re hearing now is only of interest for future reference, yet it’s worth memorializing because we […]