President Obama’s $800 billion stimulus package creates imaginary jobs, while destroying ones in the real world.

Billions from the stimulus are being spent on creating tens of thousands of imaginary jobs in 440 phantom Congressional districts, according to the government’s own web site:

Just how big is the stimulus package? Well for one, it has doubled the size of the House of Representatives, according to recovery.gov, which says that funds were distributed to 440 congressional districts that do not exist. . . . The web site…

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Unemployment is now higher in the U.S. than in Europe,  reports the Washington Post.  “The official U.S. unemployment rate, reported last Friday, now stands at 10.2 percent,” compared to “9.7 percent” in Europe.   This is the highest rate in more than 26 years, and marks a huge change from the recent past, in which unemployment was double the American rate in much of Europe, such as in France.

Unemployment is at 10 percent in France, which refused to adopt a U.S.-style stimulus…

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Unemployment has risen to 9.8 percent, a 26-year high.

That’s much higher than the Obama administration predicted unemployment would rise, if Congress had refused to pass his $800 billion stimulus package.  The administration claimed unemployment would rise to 8 percent without a stimulus.

Small businesses are finding it more difficult than ever to borrow badly needed money to meet their payrolls.  New financial regulations backed by the administration are contributing to a terrible credit crunch.  Meanwhile, the wealthy Wall Street investment bank Goldman Sachs, perhaps the…

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Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it can somehow save money by creating Medicare-like programs to cover all Americans. In the New York Times, economics professor Tyler Cowan calls it “the new voodoo economics.” Washington Post columnist Robert Samuelson concludes that Obama’s health-care plan “is naive, hypocritical or simply dishonest. Probably all three.”

Obama is firing an inspector general who exposed wrongdoing by one of his supporters, and previously…

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Contradicting earlier claims, Pennsylvania Senator Arlen Specter has switched to the Democratic Party, cementing the liberals’ filibuster-proof majority on most issues in the Senate.

What is strange about this is that the reason Specter gave for leaving the Republican Party was not social issues (Specter is socially liberal, not just on things like abortion, but also on racial preferences, which are unpopular with the general public and moderate voters), but rather his vote for the bloated $800 billion stimulus package, which will actually…

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The stimulus package will gut welfare reform even more than previously feared. That’s the conclusion of Mickey Kaus, a moderate Democrat who now appears to regret voting for Obama. The stimulus package will reward states that promote welfare dependency, even more than federal subsidies did before the 1996 welfare reform law, and reduce economic growth.

Clayton Cramer notes that the stimulus package is being sold to the public under the false pretense that without it, we will go into another Great Depression, even though Congressional leaders…

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