Jun 8, 2009
Out of 787 billion dollars promised in stimulus money, the Obama administration has sent out 19 billion dollars – or two%.
Too bad for the unemployed hoping for more in their pockets. Too bad for the states hoping to repair some roads and gain a few jobs that way. Too bad for the medical programs or food stamps or school systems that have already cut back. Too bad for state workers who have already taken unpaid furlough days. That money just never seems to get spent.
700 billion dollars were also promised to bail out the banks. They got that – and much, much more. 2.5 trillion dollars have already been handed out, and 12.2 trillion more have been made available!
Do you hope to see some stimulus money? Better change your last name to Citibank!