Well THAT didn't work.

A Failed Stimulus Plan

Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, "we have nothing to show for it".

Because we know we can’t build our economic future on the transportation and information networks of the past, we are remaking the American landscape with the largest new investment in our nation’s infrastructure since Eisenhower built an interstate highway system in the 1950s.

  Because of this investment, nearly 400,000 men and women will go to work rebuilding our crumbling roads and bridges, repairing our faulty dams and levees, bringing critical broadband connections to businesses and homes in nearly every community in America, upgrading mass transit, and building high-speed rail lines that will improve travel and commerce throughout the nation. Go To Site

Obama Jokes: 'Shovel-Ready Was Not as Shovel-Ready as We Expected' - President Obama - Fox Nation

Democrat, Liberal, Government, Incompetence, Obama, Financial, Brilliance, Oops, Economy

At this point, Obama smiled and interjected, "Shovel-ready was not as ... uh .. shovel-ready as we expected." The Council, led by GE's Jeffrey Immelt, erupted in laughter. The Obama administration promised the Recovery Act ("the stimulus") would prevent the jobless rate from going over 8%. It now stands at 9.1%.

Economists say the stimulus didn't help - Apr. 26, 2010

The economic recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.

Bennet Bombshell: Trillions in Debt, ‘Nothing to Show for It’

Democrat, Liberal, Government, Incompetence, Obama, Oops, Economy, Debt

Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, “we have nothing to show for it”.

Stimulus Surprise: Companies Retrench When Government Spends — HBS Working Knowledge

Government, Incompetence, Obama, Financial, Oops, Economy

New research from Harvard Business School suggests that federal spending in states appears to cause local businesses to cut back rather than grow. A conversation with Joshua Coval .

[May 2016]: “You can't build your own metro system. You can't build your own highway. You can't build your own airport. And so we have a specific problem with under-investing in infrastructure.” -Barack Obama Go To Site