70% of the stimulus went to Medicaid & Schools - PowerStrokeNation : Ford Powerstroke Diesel Forum
 
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post #1 of 2 (permalink) Old 10-25-2010, 09:44 PM Thread Starter
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70% of the stimulus went to Medicaid & Schools

The stimulus worked — but for which party? - Politics - Decision 2010 - msnbc.com

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President Barack Obama himself seems to have some doubts about the 2009 stimulus bill in retrospect, telling the New York Times in a recent interview that he'd discovered only belatedly that "there's no such thing as shovel-ready projects."
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That's largely because only about 14 percent of the stimulus money in fiscal year 2010 was spent on transportation projects, according to the most recent report from the Government Accountability Office, the fiscal watchdog for Congress.

The GAO reported that nearly 70 percent of the stimulus money went to state Medicaid programs for the poor and public schools.

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post #2 of 2 (permalink) Old 10-25-2010, 09:53 PM
Yeah, it's like that
 
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Re: 70% of the stimulus went to Medicaid & Schools

Stimulus:

Translation,

1. Hand out
2. Spreading the wealth
3. Nanny state
4. Christmas for the poor

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
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