We saw dozens of these signs along the highways on our cross-country trip this summer. What we did not see was anybody working, or any indication that any work had been done – other than putting up signs.
Perhaps it is a result of all that inactivity that the Congressional Budget Office announced this week that the $787 Billion stimulus package is only going to cost $814 Billion. That, we’re told is good news; the cost is down 50 billion or so from their previous estimate last January.
The bad news is that the plan did not create nearly as many jobs as promised. The Obama Administration had promised 3 to 4 million jobs, but the CBO says that at its peak –which is about now – the stimulus will only generate one million to about three and a half million jobs.
Somebody at the White House needs to pick up the ball and run – take that 50 billion in “savings” and hire another batch of folks to not work on the highways. Hell, you could hire another two million at $25,000 per annum for a year and put the administration’s predictions over the top. 25k isn’t a lot of money, but if all you have to do is take it to the bank…..
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