This Just In: The Stimulus Was a Rip-off
McClatchy reports on a new finding regarding the 2009 “stimulus” that failed to jumpstart the economy: “The largest government infusion of cash into the U.S. economy in generations – the 2009 stimulus – was riddled with a massive labor scheme that harmed workers and cheated unsuspecting American taxpayers.” Well, some of us weren’t unsuspecting – we knew exactly what Democrats were up to. “A review of public records in 28 states uncovered widespread cheating by construction companies that listed workers as contractors instead of employees in order to beat competitors and cut costs. The federal government, while cracking down on the practice in private industry, let it happen in stimulus projects in the rush to pump money into the economy at a time of crisis.” The misclassification deprived states of tax revenue (to the tune of $1.2 billion in Texas, for example), and it didn’t exactly result in more jobs – despite jobs and revenue being prime selling points for Democrats. Go figure: They lied. More…