Six months after stimulus bill, Mack blasts plan as ‘absolute failure’
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Loading ...WASHINGTON — U.S. Rep. Connie Mack, R-Fort Myers, issued the following statement today on the six-month anniversary of the $787 billion economic stimulus bill being signed into law.
Mack said:
“The vast majority of Americans agree: the Democrats’ stimulus plan has been an absolute failure.
“Since the stimulus was signed into law, over two million Americans have lost their jobs, and the unemployment rate has jumped from 7.6 percent to 9.4 percent. What’s more, the plan has only paid out approximately 10 percent of the funds – with only $1.5 billion paid out for transportation infrastructure projects.
“The only thing that the Democrats’ ill-conceived stimulus bill has been able to guarantee is that our children and grandchildren will inherit a legacy of more spending, more debt, more regulations and more government.
“As I have said before, no nation has ever spent its way to prosperity. Instead of ramming job-killing plans through Congress, like a government takeover of our nation’s health care system and a national energy tax, we should look to pro-growth solutions that allow private businesses, and not the government, to become the catalysts for job creation. Only then can our economy bounce back stronger than ever.”
A USA Today/Gallup Poll found that 57 percent of adults say the stimulus is having no impact on the economy or is making it worse. The poll also found that 60 percent of Americans do not believe that the stimulus will help the economy in the years ahead.
