Tag Archives: Stimulus

Senator Tom Coburn lists some bad examples of government waste

Here’s the story.

Excerpt:

Coburn, R-Muskogee, whose office regularly churns out reports mocking federal projects and programs, said Monday that “cutting wasteful and low-priority spending from the budget is not only sensible, but essential.”

“In today’s economy, we can’t afford to spend nearly $2 million to showcase neon signs no longer in use at Las Vegas casinos; nor can Congress and federal agencies afford to spend nearly $1 billion a year on unnecessary printing costs.”

The 100 projects cited on Monday tread some familiar ground for Coburn reports — road signs paid for with stimulus funds, research projects that sound like folly — and are mostly domestic. There is no mention of Iraq or Afghanistan, despite government reports documenting millions lost to fraud and waste.

Topping Coburn’s list is the conclusion of a FOX News story that the Department of Veterans Affairs spends $175 million each year to maintain buildings it can’t use, in some cases because they’re in such disrepair.

Other items on the list:

• $217,000 for a University of California and Stanford University study on when and why political candidates are ambiguous.

• $90,000 to fund promotion of the Vidalia onion, including $60,000 for a campaign timed to coincide with the release of a Shrek movie.

•  $2.5 million on the Census Bureau’s television ad that aired during the Super Bowl to promote the head-count but left many viewers scratching their heads in confusion.

• $465,000 for an international AIDS conference in Austria.

• $35 million paid in fraudulent Medicare and Medicaid claims to an alleged Armenian crime ring.

• $48 million for a streetcar system in Atlanta that runs the same route as the city’s subway system.

• $900,000 to settle sexual harassment claims against a former housing director in Philadelphia.

•  And $28 million to print “rarely used” paper copies of the Congressional Record.

Here’s a recent post from the Washington Examiner that compares Democrats and Republicans on pork barrel spending. (H/T Gateway Pundit via Muddling)

Excerpt:

Press coverage of the budget frenzy on Capitol Hill has suggested that pork-barrel earmark spending is still a bipartisan problem, that after months of self-righteous rhetoric about fiscal discipline, Republicans and Democrats remain equal-opportunity earmarkers.

It’s not true. A new analysis by a group of federal-spending watchdogs shows a striking imbalance between the parties when it comes to earmark requests. Democrats remain raging spenders, while Republicans have made enormous strides in cleaning up their act.

In the Senate, the GOP made only one-third as many earmark requests as Democrats for 2011, and in the House, Republicans have nearly given up earmarking altogether — while Democrats roll on.

The watchdog groups — Taxpayers for Common Sense, WashingtonWatch.com, and Taxpayers Against Earmarks — counted total earmark requests in the 2011 budget. Those requests were made by lawmakers earlier this year, but Democratic leaders, afraid that their party’s spending priorities might cost them at the polls, decided not to pass a budget before the Nov. 2 elections. This week, they distilled those earmark requests — threw some out, combined others — into the omnibus bill that was under consideration in the Senate until Majority Leader Harry Reid pulled it Thursday night. While that bill was loaded with spending, looking back at the original earmark requests tells us a lot about the spending inclinations of both parties.

In the 2011 House budget, the groups found that House Democrats requested 18,189 earmarks, which would cost the taxpayers a total of $51.7 billion, while House Republicans requested just 241 earmarks, for a total of $1 billion.

This is why stimulus spending, which is advocated by Democrats, costs jobs. Democrats waste money. They take money out of the job-creating sector of the economy, and they waste on government spending. If private companies wasted money like government, they would go out of business. Unfortunately, government can waste money like this all the time, and they just borrow more money. When you hear a Democrat say that they want to “invest” money they stole from businesses and workers in order to “stimulate” the economy, what they are talking about is wasting money and/or buying votes from their favored special interest groups.

Japan to cut corporate tax rate to spur job growth

Story from Yahoo News. (H/T ECM)

Excerpt:

Japan’s government announced it would cut the country’s hefty corporate tax rate by 5 percentage points, in a bid to stimulate the economy and help Japanese businesses stay competitive.

The step announced late Monday is aimed at promoting investment, employment and salary increases at home so that Japan can exit deflation, Prime Minister Naoto Kan said.

“I decided to take a bold step,” he told reporters.

Kan acknowledged more Japanese companies were moving abroad where corporate taxes are lower, causing job losses in Japan, Kyodo News agency reported. “That is not a plus for the Japanese economy,” he said, according to Kyodo.

The Japanese corporate tax rate was the highest in the world, at 40%. According to the Wall Street Journal, the US corporate tax rate is just under 40%, so now we will be the highest corporate tax rate in the world. Our neighbor to the north should reap the rewards as they have been lowering their corporate tax rate for years, and it’s going even lower in the future.

How feminist groups skewed the Obama stimulus towards women’s jobs

Christina Hoff Sommers

This Weekly Standard article is by Christina Hoff Sommers, an equity feminist who doesn’t much care for third-wave (gender) feminists. (H/T Ari)

Excerpt:

A “man-cession.” That’s what some economists are starting to call it. Of the 5.7 million jobs Americans lost between December 2007 and May 2009, nearly 80 percent had been held by men. Mark Perry, an economist at the University of Michigan, characterizes the recession as a “downturn” for women but a “catastrophe” for men.

Men are bearing the brunt of the current economic crisis because they predominate in manufacturing and construction, the hardest-hit sectors, which have lost more than 3 million jobs since December 2007. Women, by contrast, are a majority in recession-resistant fields such as education and health care, which gained 588,000 jobs during the same period. Rescuing hundreds of thousands of unemployed crane operators, welders, production line managers, and machine setters was never going to be easy. But the concerted opposition of several powerful women’s groups has made it all but impossible. Consider what just happened with the $787 billion American Recovery and Reinvestment Act of 2009.

Last November, President-elect Obama addressed the devastation in the construction and manufacturing industries by proposing an ambitious New Deal-like program to rebuild the nation’s infrastructure. He called for a two-year “shovel ready” stimulus program to modernize roads, bridges, schools, electrical grids, public transportation, and dams and made reinvigorating the hardest-hit sectors of the economy the goal of the legislation that would become the recovery act.

Women’s groups were appalled. Grids? Dams? Opinion pieces immediately appeared in major newspapers with titles like “Where are the New Jobs for Women?” and “The Macho Stimulus Plan.” A group of “notable feminist economists” circulated a petition that quickly garnered more than 600 signatures, calling on the president-elect to add projects in health, child care, education, and social services and to “institute apprenticeships” to train women for “at least one third” of the infrastructure jobs. At the same time, more than 1,000 feminist historians signed an open letter urging Obama not to favor a “heavily male-dominated field” like construction: “We need to rebuild not only concrete and steel bridges but also human bridges.” As soon as these groups became aware of each other, they formed an anti-stimulus plan action group called WEAVE — Women’s Equality Adds Value to the Economy.

The National Organization for Women (NOW), the Feminist Majority, the Institute for Women’s Policy Research, and the National Women’s Law Center soon joined the battle against the supposedly sexist bailout of men’s jobs. At the suggestion of a staffer to Speaker of the House Nancy Pelosi, NOW president Kim Gandy canvassed for a female equivalent of the “testosterone-laden ‘shovel-ready’ ” terminology. (“Apron-ready” was broached but rejected.) Christina Romer, the highly regarded economist President Obama chose to chair his Council of Economic Advisers, would later say of her entrance on the political stage, “The very first email I got . . . was from a women’s group saying ‘We don’t want this stimulus package to just create jobs for burly men.’ ”

[…]Our incoming president did what many sensible men do when confronted by a chorus of female complaint: He changed his plan. He added health, education, and other human infrastructure components to the proposal. And he tasked Christina Romer and Jared Bernstein, Joseph Biden’s chief economist, with preparing an extraordinary report that calculated not only the number of jobs the plan would likely create, but the gender composition of the various employment sectors and the division of largess between women and men.

Romer and Bernstein delivered “The Job Impact of the American Recovery and Reinvestment Plan” on January 10. They estimated that “the total number of created jobs likely to go to women is roughly 42 percent.” Lest anyone miss the point, they added that since women had held only 20 percent of the jobs lost in the recession, the stimulus package now “skews job creation somewhat towards women.”

Read the whole thing.

And ask yourself – how do men feel when women don’t want them to have their traditional roles? How do MEN feel about it, not how do women feel. And what will men do when they cannot find jobs? Will they marry? Will they have children? There seems to be an outcry about global warming and recycling these days amongst women. Where is the outcry about men being discriminated against by schools dominated by female teachers? Where is the outcry among women when the number of incoming female college students is 60%? Or when the vast majority of jobs lost in the recession are lost by men?

Or do women prefer to not know the causes of the decline of men, and just to blame men without understanding the way the world really is, and the forces in play? I don’t think that men are very happy to be blamed for a situation orchestrated by feminists. And when men aren’t happy, men don’t engage. They don’t do what women expect. They retreat. They withdraw. Women cannot just act selfishly all their lives and expect men and children to just continue to please them as if they were robots – men and children are people, too.