Where do the stimulus horror stories end? | Examiner Editorial | Editorials | Washington Examiner

Where do the stimulus horror stories end? | Examiner Editorial | Editorials | Washington Examiner


Among the most frequently heard criticisms from Democrats of President George W. Bush and the pre-2006 Republican majorities in the House and Senate was that corporations were being coddled even as they were sending American jobs overseas. Then President Obama proposed his $787 billion economic stimulus program and promised that it would bring unemployment down to 8 percent or less while saving or creating up to 3. 5 million jobs. It's nearly three years later, the official unemployment rate is still above 9 percent (and could be double that when those who quit looking for work or are underemployed are counted), and the media is increasingly full of headlines on stories about hundreds of millions of tax dollars being wasted in stimulus program scandals, most notably the $537 million Solyndra bankruptcy.