100 Days, 100 Projects, $1,000 per U.S. Family
Yesterday, the administration issued a document called “Recovery Report: 100 Days 100 Projects“:
In the first 100 days since President Obama signed the American Recovery and Reinvestment Act into law, we have obligated more than $112 billion, created more than 150,000 jobs and helped communities and tribes in every state and territory. But recovery is more than just a compilation of statistics; it’s the return of hope and optimism about the future that comes with making life better for communities and families across the country. And it’s proof of America’s vast capacity to create real progress in the short term as we emerge from an economic crisis that was years in the making.
Well, I feel better already!
For perspective, $112 billion is just shy of $370 per person or $1,150 per U.S. family.
Where do you line up on Recovery Act spending? Are you one of the 150,000 who have a job today because of it? Is there a project in your town that wouldn’t have happened without it? Or are you just one of the poor suckers whose tax bill or debt burden have gone up or stayed up to support this spending? Do you at least have a sense of hope and optimism from it?