According to Edmunds.com, 690,000 Americans took advantage of the Cash for Clunkers Program. Under this Obama brainfart, it cost the taxpayers $24,000 for EACH one of those cars. Remember the head-slap "I coulda had a V-8? Well you, too, could have had at least a V-6 -- along with all the other folks who got their new cars if you'd been given your OWN money to spend!
So, my point here is that SOMEONE took some of your wealth and gave it to someone else! AHHH--- that would be Obama's promise to Joe the Plumber when he said he thought that spreading the wealth around would be good for everyone. Well, was it good for you? Seriously, who got that $24,000? It wasn't the car dealers. Some of them are still awaiting their money from the government to cover the rebates given to those who purchased the cars... So, WHO got that money?
We're all, by now, familiar with the fact that the reported "jobs saved or created" numbers that have been posted on the recovery.com site are absolutely false. I'd like someone to PROVE that any job was actually saved due to the economic strategies of the Obama Administration. They like to use the nice round number of one million jobs, even though it's much, much less than that. But we'll go with data the Obama administration has posted, just for the sake of this argument.
The Administration says that they've created and/or saved one million jobs and they spent $160 billion doing it. That means that government had spent paid $160,000 on each job. Hmmm. Will someone please introduce me to the person who got a job created by the stimulus with a starting salary of $160,000? The Obama Administation likes to say that some of the jobs saved are "the waitress who's still on the job," -- as Joe Biden himself used this example. (I'd like to meet the waitress who makes that kind of money!)
In fact, Jared Bernstein, chief economist and senior economic advisor to Vice President Joe Biden says that the cost per job was more like $92,000. So, even if the "shovelers" on the shovel-ready jobs, and the waitresses, and teachers, or whoever, got $92,000 on average, and didn't actually get their fair share of that $160,000 average - WHO did?
Are you beginning to get the picture? The Obama Administration has borrowed billions upon billions of dollars in only 11 months in office. And only a small portion of that money has trickled down to the people who are hurting and need to work. Millions, if not billions have been documented as wasted - mostly in million-dollar chunks that include rebates to the long-dead, rebates to prisoners, yada, yada.....
I CAN tell you where jobs were actually created. There are 30-some-odd czars and they have sizeable staffs. There are innumerable advisors and expanded staff roaming the White House halls on any given day. All the czars make at least high six-figure incomes. Their operating budgets/expenses have not been made public. But just their combined salaries run in the millions of dollars. Government is the sector where the greatest amount of job creation has taken place.
Where is the rest of it going, though? Is it going to some middleman? To some corporation (cash for clunkers) perhaps? To local governments (shovel-ready projects) perhaps? To banks (bailouts) perhaps? To financial insurers (AIG) perhaps?
Out of the "Dollars" Obama is getting from China, he's sending "pennies" down to the the people. And the wealth of our nation is being re-distributed to the wealthy GROUPS . The "have nots" NEVER have gotten theirs... just look at all cultures and civilizations throughout history. So, if you're looking for your share of Obama money! Don't hold your breath!