Obama now admits that there’s no such thing as a shovel-ready stimulus project. It’s a pity he didn’t figure that out before he jammed his stimulus bill down our throats. One way he could have learned would have been to read the CBO report.
UPDATE: Jonah Goldberg writes:
Back in early 2009, President-elect Barack Obama was asked on Meet the Press how quickly he could create jobs. Oh, very fast, he said. He’d already consulted with a gaggle of governors, and “all of them have projects that are shovel-ready.” . . .
In interviews, job summits, and press conferences, it was shovel-ready this, shovel-ready that. Search the White House website for the term “shovel-ready” and you’ll drown in press releases about all the shovels ready to shove shovel-ready projects into the 21st century, where no shovel is left behind. . .
It’s not that Obama was lying when he said all that stuff. It’s just that he didn’t know what he was talking about. All it took was nearly a trillion dollars in stimulus money and 20-plus months of on-the-job training for him to discover that he was talking nonsense.
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