This blog,originally founded by Blogger, who is listed in Marquis Who's Who and is a recipient of the Albert Nelson Marquis Lifetime Achievement Award. He holds a theological degree and a doctorate in Counseling Psychology. Taught Psychology for 32 years and is now Professor Emeritus. Is a board-certified psychologist and was awarded the Lifetime Achievement Award in his profession. Ministered as a chaplain, and pastored Baptist and Episcopal churches. Publications cover the integration of psychology and theology. Served in the Army, the Merchant Marines and the Peace Corps.
Sunday, April 11, 2010
Obama Pushes Country to Edge of Bankruptcy Just to Pay Off Dems
NewsMax.Com today reports: A new study reveals that congressional districts represented by a Democrat have received significantly more money from the $787 billion stimulus bill than those with a Republican representative.
The study by Veronique de Rugy, senior research fellow at the Mercatus Center, found that on average Democratic districts got 1 1/2 times as many awards as Republican districts in the fourth quarter of 2009.
Those Democratic districts received about 2 1/2 times more stimulus dollars than Republican districts, $122 billion to $46 billion.
And Democratic districts also received larger awards on average than did Republican districts — $471 million for a Democratic district and $260 million for one represented by a Republican, de Rugy points out in an article for National Review.
But the study found no correlation between stimulus spending and unemployment.
“We should expect the government to invest more money in districts with higher unemployment rates,” de Rugy writes, but the study “suggests that unemployment is not the factor leading the awards.”
Surprisingly, the total number of jobs claimed as created or saved overall by the stimulus actually declined from the previous quarter, dropping from about 634,000 to roughly 597,000.
“To sum it up,” de Rugy notes, “it’s a lot of money for jobs that are disappearing, and the money isn’t going to high-unemployment districts, probably because politics gets in the way.”