A $787 billion slush fund used by members of Congress and the Obama Administration to fund projects and organizations without having to separately go on record voting for each appropriation.
Normally it would be political suicide and possibly criminal to use taxpayer dollars to pay off our special interests, but thanks to the stimulus we can claim it saves or creates jobs and call it a day.
Spending money you don't have for stuff you don't need, that is not made in america, to protect american jobs. Except for the people who haul and sell the stuff how does buying imported goods produce jobs in america?
Support the stimulus workers in china need the jobs.The bankers have really damaged the economy the stimulus will probably kill it.
"Stimulus" is slang for a sordid economic nostrum administered on the advice of bankers and academics, many of them carrying the title of "Dr.". But don't mistake these "Doctors" for devotees of the Hippocratic Oath. "Stimulus" or economic crank, like any other economic panacea, is a fake cure that gives its victims a temporary but false sense of well-being, even as it sets about causing long term damage to users and the economic community at large. The opium of the economists know as "stimulus" acts directly on bread winners and investors by misdirecting them into production plans and consumption levels which cannot be successfully coordinated or sustained across time. As a consequence, the "high" of this political drug lasts for only a few months, often followed by a depressing "crash" period, which cannot be avoided without further and ever increasing quantities of "stimulus". The drug received its proper name "crank" because it was most often smuggled into policy debates by monetary cranks, the most famous of whom was John Maynard Keynes.
"Stimulus" is taken by fiscal injection, monetarily (directly snorted by banks and borrowers), and through the consumption of pork. A common misconception among politicians and the public is that some administration methods are safer than others, while in reality all act on the economy the same exact way. Economic "crank" damages the coordinative function of prices across the structure of production and consumption, which cause nat...