Saturday, June 11, 2011

Wreck-overy-dot-gov: Porkulus Still Only 83% Spent

Yeah, that's right. The Obama "stimulus" bill, after over two years since enactment, is only 82.73 % spent.

Screen-cap from Recovery.gov:

259.9 + 207.3 + 183.9 = $651.1 billion

651.1 / 787 = 82.73%

Recall that the entire point of a Keynesian stimulus is to spend it, and to spend it quickly.  Obama couldn't even get that much right.

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