Delaware Liberal

GOP Stimulus Myths Exposed

Media Matters: It does a body good.

$220,000 per job? Try $70,000.

$30 million for the salt marsh harvest mouse? Not in the bill.

The Congressional Budget Office estimated that full cost will reach $3.2 trillion by 2019? No, their estimate was $787,242,000.

$2/$4 billion for ACORN? Nope. $2 billion for ACORN-elligible community block grants? ACORN itself has stated that they are inelligible for the money and will not seek it.

The stimulus package allows the federal government to interfere with doctors’ treatment decisions? No such authority granted.

Frisbee golf course? The bill specifically prohibits using the funds for such a thing.

The package denies renovation money for schools that allow religious groups to meet on campus? False – it just says the money can’t be used to build a chapel or divinity department.

It’s spending, not stimulus? Not only false, but semantically a contradiction.

Tax cuts would be a more efficient way to spend the money? Completely false. Every single kind of government spending increase in the bill generates more GDP per dollar spent than any kind of tax cut. Check out the chart:

Now I see why Obama said the average tax cut yields $0.75 per dollar while spending yields $1.50 per dollar.

Undocumented immigrants without Social Security numbers would be eligible for the “Making Work Pay” tax credit? They are specifically prohibited.

Fiscal stimulus failed during Japan’s “lost decade”? It was working fine until Japan decided to reduce its deficit too soon.

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