[Vision2020] Fw: A Look Back At Obama's Binge Spending On The 2nd Anniversary Of The Stimulus

lfalen lfalen at turbonet.com
Thu Feb 17 18:18:03 PST 2011


-----Original message-----

From: "Jonathan Parker" jparker at idgop.org
Date: Thu, 17 Feb 2011 16:30:27 -0800
To: jparker at idgop.org
Subject: A Look Back At Obama's Binge Spending On The 2nd Anniversary Of The Stimulus

Dear State Central Committee Member,

 

Below you will find some interesting statistics highlighting Obama's "Binge"
spending. Please feel free to use these numbers in a letter to the editor,
opinion piece or in discussions with friends. Enjoy! 

 

Jonathan Parker

Executive Director

Idaho Republican Party

208-343-6405

[]AN ANNIVERSARY OF FAILURE

A Look Back At Obama's Binge Spending On The 2nd Anniversary Of The Stimulus

______________________________________________________________________   

 

 

$46 Trillion:             Amount Of Spending Contained In Obama's Latest
Budget Over Ten Years  (Office Of Management And Budget
<http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budg
et.pdf> , 2/14/11)

 

$26.3 Trillion:         Amount Of Debt Expected In 2021 (Office Of
Management And Budget
<http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budg
et.pdf> , 2/14/11)

 

$15.48 Trillion:       Estimated Amount Of Debt This Year (Office Of
Management And Budget
<http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budg
et.pdf> , 2/14/11)

 

$7.2 Trillion:            Ten-Year Deficits Under Obama's Budget (Office Of
Management And Budget
<http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budg
et.pdf> , 2/14/11)

 

$1.65 Trillion:          Estimated FY 2011 Deficit (Office Of Management And
Budget
<http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budg
et.pdf> , 2/14/11)

 

$814 Billion:            Price Tag Of Obama's Failed Stimulus (Bloomberg
<http://www.businessweek.com/news/2010-08-20/cbo-reduces-cost-estimate-of-st
imulus-package-to-814-billion.html> , 8/20/10) 

 

$2 Billion:                 Amount Of Stimulus Funds That Have Gone To
Foreign Manufacturers Of Wind Turbines  (ABC News
<http://abcnews.go.com/print?id=9759949> , 2/9/10)

 

$54 Million:             Amount Of Stimulus Funds Spent On A Napa Valley
Wine Train (Good Morning America
<http://www.youtube.com/watch?v=dnVjZ6QPRQI> , 2/2/10)

 

43.6 Million:            Number Of People On Food Stamps  (The Wall Street
Journal,
<http://blogs.wsj.com/economics/2011/02/02/some-43-million-americans-use-foo
d-stamps>  2/2/11)

 

$18 Million:             Cost Of The Stimulus Website Recovery.org  (ABC
News
<http://blogs.abcnews.com/thenote/2009/07/18m-being-spent-to-redesign-recove
rygov-web-site.html> ,7/8/09)

 

13.9 Million:            Unemployed Americans  (Bureau of Labor Statistics
<http://bls.gov/news.release/pdf/empsit.pdf> , 10/8/10)

 

6.2 Million:               Americans Unemployed For Longer Than 27 Weeks
(Bureau of Labor Statistics <http://bls.gov/news.release/pdf/empsit.pdf> ,
10/8/10)

 

$6 Million:                Amount Of Stimulus Funds Used To Make Snow In
Snowy Duluth, MN   (The Wall Street Journal,
<http://online.wsj.com/article/SB125659862304009151.html>  10/28/09)

 

3.8 Million:               Increase In The Number Of People Who Fell Into
Poverty In 2009   (NPR,
<http://www.npr.org/templates/story/story.php?storyId=129910498&ft=1&f=1001>
9/16/10)

 

3.5 Million:               Number of Jobs Obama Said Stimulus Would Create
(Remarks By President Obama
<http://www.whitehouse.gov/the_press_office/Remarks-by-the-President-and-Vic
e-President-at-Signing-of-the-American-Recovery-an> , 2/17/09)

 

2.6 Million:               Number Of Jobs Lost Since The Stimulus Was Passed


                                         ( <http://www.bls.gov/home.htm>
U.S. Bureau Of Labor Statistics, Accessed: 2/16/11)

 

2.5 Million:               Number Of Jobs Candidate Obama Said Shovel-Ready
Projects Would Create (Remarks By President-Elect Obama
<http://www.presidency.ucsb.edu/ws/index.php?pid=85072&st=shovel-ready&st1=>
, 12/16/08)

 

$650,000:                 Amount Illinois Spent On Stimulus Signs  (ABC News
<http://abcnews.go.com/Politics/signs-stimulus/story?id=11163180&page=1> ,
7/14/10)

 

$325,394:                 Amount Of Stimulus Funds To Study How Environment
Affects The Mating Decisions Of Female Cactus Bugs  (The Orlando Sentinel
<http://articles.sun-sentinel.com/2010-02-15/news/fl-stimulus-projects-20100
215_1_stimulus-cactus-project%0d%0a%20s> , 2/16/10)

 

$219,000:                 Amount of Stimulus Funds To Study The Sex Life Of
Female College Freshmen (The Daily Orange
<http://www.dailyorange.com/2.8657/su-sex-study-raises-concern-1.1226483> ,
3/7/10)

 

$157,000:                 Amount Pennsylvania Spent On Stimulus Signs.  (ABC
News
<http://abcnews.go.com/Politics/signs-stimulus/story?id=11163180&page=1> ,
7/14/10)

 

$100,000:                 Amount Spent On A Martini Bar And Brazilian Steak
House  (CBS
<http://www.cbsnews.com/stories/2009/12/09/eveningnews/main5955059.shtml> ,
12/9/09)

 

89,000:                     The Number Of Stimulus Checks Sent to Dead Or
Incarcerated People (The Wall Street Journal,10
<http://blogs.wsj.com/washwire/2010/10/07/maybe-you-can-take-it-with-you-sti
mulus-checks-sent-to-the-dead> /7/10)

 

$15,551:                   Amount Of Stimulus Funds That Went To Study Drunk
Mice  

                                           (The Orlando Sentinel
<http://articles.sun-sentinel.com/2010-02-15/news/fl-stimulus-projects-20100
215_1_stimulus-cactus-projects> , 2/16/10)

 

$250:                           Amount Of Stimulus Checks That Went To
Prisoners  

(FOX News' "
<https://owa.rnchq.org/owa/redir.aspx?C=f2a485ad5c1f4da4909fa176a0da38e0&URL
=http%3a%2f%2fwww.foxnews.com%2fsearch-results%2fm%2f26044849%2fcash-for-con
victs.htm> America's Newsroom," 8/26/09)

 

102.6 Percent:        Debt To GDP Ratio To Be Reached This Year  (The
Washington Times,
<http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-ec
onomy>  2/14/11)

 

68 Percent:              Number Of Americans Who Disapprove Of Obama's
Handling Of The Budget  (Gallup
<http://www.gallup.com/poll/146021/Obama-Approval-Rating-Deficit-Sinks-New-L
ow.aspx> , 1015A, MoE 4%, 2/2-5/11)

 

21:                              Number Of Months Unemployment Has Been At
Or Above 9 Percent  (U.S. Bureau Of Labor Statistics
<http://www.bls.gov/home.htm> , Accessed: 2/16/11)

 

9 Percent:                 Current Unemployment Rate (U.S. Bureau Of Labor
Statistics <http://www.bls.gov/home.htm> , Accessed: 2/16/11)

 

8 Percent:                 Unemployment Rate Obama Promised We'd Stay Under
If The Stimulus Was Passed (
<http://www.ampo.org/assets/library/184_obama.pdf> "The Job Impact Of The
American Recovery And Reinvestment Plan," 1/9/09)                

 

0:                                Number Of White House Officials Who Agreed
To Testify Regarding The Stimulus (The Wall Street Journal,
<http://blogs.wsj.com/washwire/2011/02/15/white-house-economists-wont-testif
y-on-stimulus/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3
A+wsj%2Fwashwire%2Ffeed+%28WSJ.com%3A+Washington+Wire%29>  2/16/11)

 

0:                                Number Of Shovel-Ready Projects Obama Now
Admits Exist. (The New York Times
<http://thecaucus.blogs.nytimes.com/2010/10/13/president-obama-looks-forward
-and-back> , 10/13/10)

 


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