From my column today on Obama’s “shovel ready” joke:
Perhaps that’s why Obama’s real economic agenda never changed to fit the economic crisis. During the campaign he promised to reform health care and fight for a green economy. After the financial crisis, the “pragmatist” stuck to his outdated agenda, saying — surprise! — what the economy needs is the same agenda he promised before. So while he kept saying he was obsessed with job creation, he spent all of his political capital on health-care reform and energy. All the while, the White House tries to spin its agenda as something it’s not.
For instance, you know where this jobs-council meeting took place? At Cree Inc., an LED lightbulb maker. Under the supposedly jobs-boosting stimulus, Cree received $5.2 million. According to Recovery.gov, that $5.2 million created 3.02 jobs. That’s $1,716,171 per job.
There’s a funny joke in there somewhere, but I don’t think Obama wants to tell it.