Jobs Bill, Recovery Act, Round Two

Written by Ann Shibler
Wednesday, 20 January 2010 12:48

The miserable failure of the first job stimulus package is well known. Fraught with typical government waste, little accountability, and success statistics that proved to be blatantly false, the jobs that were supposed to be created did not materialize, because government cannot create jobs, only subsidize them with taxpayer money. Now, with as many as 3 million Americans losing their jobs since the first Recovery Act, a second jobs bill, stimulus round two, is set to take center stage in the upcoming congressional session. While the House passed H.R. 2847 on December 16, a new version is said to be in the works for the Senate.

Back in November President Obama said about the jobs package, “We all know that there are limits to what government can and should do, even during such difficult times.â€