Stimulus Impact on Jobs

Click on the title above to find out how many jobs the stimulus program has saved.

Let's look at the Great Depression which is being compared to this recession. President Roosevelt and Congress enacted a massive spending program for public works projects in 1932. By 1940 the unemployment rate was 15%, down from 22% in late 1934 but still higher than the 13% it was in 1932. The mass media wants you to believe that the New Deal got us out of the depression. It is a myth. It is also not entirely true that World War II got us out of the depression. Sure, unemployment dropped well below 5% during the war but a great part of that drop was the removal of hundreds of thousands from the employment rolls - they joined the military. It is a complex issue but most economists understand that the Great Depression was ended by the economic boom that occurred after the war. The recession we are in today is better compared to the one we suffered in the 1970's.

Ask yourself why your government is spending your grandchildren's future. The only answer I can come up with is to promote some great socialist manifesto that history has shown doesn't work. And, why is your government trying to convince you that health care (actually, lack of health insurance) is the next biggest problem that the country faces? Another socialist manifesto. Where is your government when it comes to Social Security? Nowhere to be seen.