Wednesday, January 26, 2011
Tangible evidence
This video shows how one business was able to launch, to hire contractors, to buy American-made equipment and to employ staff, all because of the American Recovery and Reinvestment Act. It’s tangible evidence of the success of the Act.
Republicans are fond of saying—as often as they possibly can—that “not one job” was created by the Act, even though statistics alone show that’s an outright lie. So it’s especially good to see a tangible reminder of how stimulus spending like this has a ripple effect through the economy, leading to direct and indirect employment and economic activity.
Put another way, despite Republicans’ deliberately false propaganda, the stimulus had a positive effect on the economy. This video shows how.
The proprietors will be guests at President Obama's State of the Union Address, which puts this video back in the news. I think that success of ordinary people is always worth celebrating.
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