Research

This morning, Obama is in Arcadia, FL, touring a solar plant as part of an announcement to give $3.4 billion from the stimulus to a “smart energy grid project,” touted as the “largest stimulus investment so far in clean energy.” There’s just one problem though. Back in July, ABC News reported that job creation would no longer be part of the criteria used by the administration when examining proposals for smart grid investments.  So after all the promises President Obama made about the stimulus “saving and creating jobs,” one of the largest stimulus grants for one project so far won’t take job creation into account.

This comes as no surprise to us because problems with Obama’s $787 billion economic experiment keep popping up:

• The News-Leader in Springfield, Missouri reported on Sunday that a diving company received stimulus dollars to work on a project in southwest Missouri, a project, according to federal documents, that “created or saved” 7.5 jobs.  What the report doesn’t mention is that those jobs were only good for 4 days.  The general manager of the company that worked on the stimulus project said that none of the employees working on the project would have lost their jobs if stimulus funds had not been there.  The company simply would have worked on other projects.  This is just latest example of the Obama Administration’s questionable stimulus job counts.

• According to USA Today, the Department of Defense has given $30 million in stimulus funds to six companies that were under federal investigation on suspicious of fraud. This is not the first time stimulus funds have gone to companies under investigation.  In September, The New York Times, reported that $6 million in stimulus funds went to a construction company under criminal investigation.

No wonder the latest Rasmussen poll shows that 60 percent of Americans believe the stimulus has either hurt the economy or had no impact.