"There's really only one thing you need to know about the first stimulus to oppose this second one, and it's this: $825 billion later, there are 1.5 million fewer jobs in this country than there were when the first stimulus was signed. That's the clearest proof it was a monstrous failure. And it's the surest proof we have that those who support this second stimulus are not doing so to create jobs... Why on earth would you support an approach that we already know won't work?"
"So yesterday, I tested the President's rhetoric. I proposed that we do exactly what he wants and vote, right away, on this second stimulus bill he's proposed as the supposed solution to our jobs crisis."
President Obama obviously believes that he can blame the failure of his flawed American Jobs Act on Republican refusal to allow a vote on the bill. Today, that plan became inoperative, thanks to Sen. McConnell.
Secretary Geithner didn't dispute a Harvard economist's estimate that each job in the White House's jobs plan would cost almost a quarter of a million dollars.