Barack Obama Thinks It’s Funny That His Shovel-Ready Stimulus Has Failed

In North Carolina yesterday, meeting with the Council on Jobs and Competiveness, Barack Obama was questioned about the fact that government bureaucracy invariably delays projects and even oftentimes puts a stop to them altogether, to which Obama jokingly replied:

“Shovel-ready was not as — uh — shovel-ready as we expected.”

This clever remark got some pretty good laughs, and I, for one, find it very amusing indeed that these left-wing elitist, among whom Barack Obama is top of the heap, regard their deadly economic philosophy as a kind of joke, which I suppose in one sense it actually is: a complete joke, as a matter of fact, a joke of staggering proportions, a joke about as funny as a cry for help — a joke, in short, that’s nearly as laughable as Obama’s boast that he now “has a better plane” than three years ago, and that he now travels “with a bigger entourage,” while the rest of us pay the price for it.

I imagine, though, that the people who have been out of work for months on end are not laughing nearly as hard as Obama and his clownish administration.

Recall also Barack Obama telling us that his so-called Stimulus had to be passed before it was read because “it would provide for hundreds of thousands of shovel-ready projects that will bring our unemployment rate below 8 percent.”

And yet $821 billion later: “Unemployment is now 25 percent higher than when [Obama] took office, the deficit is 35 percent higher, and gas prices have more than doubled”(source).

Moreover:

“Obama’s stimulus included $28 billion in new highway money, which he said would ‘create or save’ 150,000 jobs by the end of 2010. These are the quintessential ‘shovel-ready’ jobs that Obama jokes turned out to be not so shovel ready.”

From Investors Business Daily:

A new study by economists Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State found that despite the influx of all that federal money, highway construction jobs actually plunged by nearly 70,000 between 2008 and 2010.

As these authors explain, many states simply took the free federal money and shifted their own highway funds to meet other needs. Examples:

Texas got $700 million in highway stimulus funds last year, but spent $560 million less on its roads in 2010 than it did in 2009.
New York’s highway spending was basically unchanged between 2009 and 2010, despite getting $522 million more in federal highway bucks.
Michigan boosted its highway spending just $17.4 million, far below the $189 million extra the feds handed the state for highway improvements.

And quoting Neal Boortz:

When others, like yours truly, were telling you that MORE government spending on “shovel-ready” projects were not going to be the way to save this nation and grow our economy, you passed the gargantuan bill, continued to pass other bills (like ObamaCare) that increased the size of government and then refused to do anything to actually tackle our entitlement crisis.

According to government figures: When you add up all of the money that we owe in order to cover our future liabilities in entitlements, our country is now in worse financial shape than Greece. Greece! While Obama has nearly doubled our debt to $14.3 trillion, that doesn’t even compare to the $50 trillion that we owe when you include Medicare, Medicaid and Social Security.

Funniest of all, though — at least in my opinion — is the fact that Barack Obama was voted into power by people who, like Obama himself, have no understanding of economics whatsoever but chose him simply because it was the hip trendy thing to do.

Now that’s what I call a hilarious joke.

10 Comments

  • Dale

    June 14, 2011

    With friends like that, who needs enemies?
    Wait a minute, didn’t the torpedo say to a Spanish radio audience “punish our enemies” in reference to people like us?
    See, there I go gettin’ all confused an’ shit.

  • Micky

    June 17, 2011

    No doubt theres been at least one shovel job created since dickhead was elected.
    Problem being, its usually only illegals that’ll shovel shit for money.
    Well Ray, cant say we didnt try to warn them, can they ?
    Anyone know where I can find some pics of a cross dressing congressman representing Queens ?

  • Micky

    June 17, 2011

    ” but chose him simply because it was the hip trendy thing to do. ”

    Yeah, leading up to the 08 elections I remember many of the moonbats I engaged thought having Americas first black president would make a wonderful statement to the world (and them self loathing selves) as to just how tolerant, accepting and non racist a country we were.

  • Dale

    June 17, 2011

    Indeed, once our quest to prove our pristine tolerance succeeds, meaning the intolerant who hate us have managed to wipe us out, then they’ll like us.
    Because we’ll be dead.

    That seems a sensible reason to vote for liberals to me, as sensible as any other, anyway.
    Excuse me while I hurl.

  • Dale

    June 17, 2011

    Micky, you are mistaken saying “its usually only illegals that’ll shovel shit for money”.
    Fannie and Freddie executives shoveled shit our way, are now millionaires.
    Politicians, especially the torpedo, shovel shit our way on a full time basis while having the well-paid time of their lives.
    Teachers whose retirement funds were capitalized, they shovel liberal anti-capitalism shit down our children’s throats.
    “Democrat consultants” get paid to appear on Saturday business shows and shovel stupid liberal shit, soiling even that venue.
    Retract! Admit corrupt politicians and their beneficiaries shovel their shit our way all the time, and get rich at it.

  • Micky

    June 17, 2011

    Yeah Dale, you’re right, theres a lot of shit shovelin going on but I was refering exclusivley to Obama sht.
    Maybe the illegals couldnt handle it which gives reason to his attempted courtship with Caterpillar.
    Hmm… I wonder just how “organic” Michelles little garden might be ?

    Seriously, it shows quite a lack of forethought labeling any project “shovel ready”.
    You leave yourself pretty wide open for critique as if your name was Weiner and you’re tweeting pics of your dick everywhere.
    I think the guy on the teleprompter the first day that term was used may well be unemployed, also.

    Theres been a lot of arrogance recently, more than usual.
    First this really fucking stupid but somehow funny ‘shovel’remark by Barry and then Anthony Weiner, upon resignation today bragging about the values his parents raised him on.

  • Dale

    June 17, 2011

    They lied when they used the term “shovel ready”, they knew it then and they know it now.
    It was a payoff to the states, the politically connected, union pensions; only a small amount of the funds were allocated for construction.
    If you ask me, the whole thing was a load of shit too big for any shovel, no matter how ready.
    Eat up, America!

  • Micky

    June 18, 2011

    “Shovel Ready” was close to a 45% rise in public sector employment which of course is paradoxical movement of the same funds in a circle producing no wealth and is supported only by producing more revenues the only way this government knows how.
    More than half of that 700+ billion ended up in lobbyists and campaign donors pockets, quid pro quos up the ass, which is nothing new,but pretty fuckin bad when you compare it to Bushs back scratchin pay offs which were much the same total but took a period of 8 years to achieve in what Barry had spent in 2.
    The fucking shrimp on the treadmill should be as iconic to Obama as the Prism rainbow is to Pink Floyd.
    I mean what logo for this administration could be worse than a hamster on a wheel ?
    A fucking shrimp on a tread mill huffin and puffin mumbling repetitions of “hope n change”, “yes we can” as the treadmill barely produces enough energy to light the mercury filled bulb over his head.
    Worst presidency ever, no joke.

  • Micky

    June 19, 2011

    Happy Fathers day dude :-)

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