By Crippy, Section News
Posted on Fri Jan 23, 2009 at 07:11:43 PM EST
Tags: Obama Stimulus (all tags)
Congressman David Camp, representing Michigan's fourth district, is a ranking republican on the House Ways and Means Committee. Congressman Camp recently asked Thomas Barthold, the Deputy Chief of Staff for the Joint Committee on Taxation, how many jobs Obama's new stimulus package will create. His answer is not surprising, he doesn't know.
The only thing that the so called stimulus package is going to stimulate is a further devaluation of the dollar which will ultimately result in massive inflation. Public works projects are nothing but giant Ponzi schemes that would make Bernie Madoff proud.
(2 comments, 197 words in story) Full Story