Monday, February 15, 2010

Stimulus Timeline

You might be interested in hopping to over to the Stimulus Timeline which details the wild spending in Washington, D.C. and increasing unemployment figures in the past year to see precisely why our nation's lawmakers are choosing retirement over running for another term. A couple of points:

February 17, 2009: $787 billion Recovery Act signed into law. Unemployment rate stands at 7.6%.

September 28, 2009: Reports indicate that Recovery Act spending has reached $102 billion.

November 6, 2009: Department of Labor announces that 190,000 jobs were lost in October and that the unemployment rate rose to 10.2%--surpassing the 10% unemployment mark for the first time since 1983.

February 12, 2010: The press reports that Speaker Nancy Pelosi sent Democrat Members of Congress a memo stating that "The Recovery Act is a hallmark achievement of this Congress…"

The picture is from Monday, February 14, 2010 at a Carnival parade in Dusseldorf, Germany.

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