- ‘Death tax’ rhetoric doesn’t address the facts
- ‘We’re back': second ‘Star Wars’ teaser drops
- Sunday Service: Legalizing competition in Illinois’ auto industry
- Cullerton: Don’t bet on right-to-work zones
- State Roundup: Rauner continues “Turnaround” pitch
- Open Government: Improved FOIA laws crucial
- Legislators ask Rauner to pony up pension details
- Rockford Art Deli providing homegrown artists a place to flourish
- Talcott acquisition continues west side trend
- Record Store Day brings vinyl back into the limelight
Throwing away our money on government spending
A $447 billion jobs bill and $787 billion in stimulus has or will be spent to deal with the high unemployment this country faces; that is $1.234 trillion. And what have we gotten for all that spending? Record food stamp use, a rise in the poverty rate, a credit downgrade, 9.1 percent unemployment rate nationwide, 11.6 percent for the Rockford metro area, 16.2 percent underemployment rate and zero net new jobs created across the country in August.
How much more of our money is going to be thrown away before Keynesian economic-loving Democrats admit their philosophy, their agenda, their policies are complete and total unmitigated disasters? Probably never; therefore, we will just have to give every big government spending-addicted Democrat who is allergic to fiscal responsibility the pink slip.
Ulysses S. Arn
From the Oct. 12-18, 2011, issue