I have a few questions, on stimulus spending we have tens of billions of dollars of so-called targeted spending in here. What metrics do we have to prove that this is going to better spent than the $800 billion we spent the last stimulus package. I guess the overall question is, why does government do it better? Chairman Bernanke, last week, of the Federal Reserve, said that the private sector generally invests better and more efficiently for the greater good the American people than does the government, so why are we re-upping on this failed program? If you take the wildest job estimate of 2.7 million jobs, it costs $300,000 per job created. I guarantee the private sector can do it for less than that.
Bill Flores: “I have a few questions, on stimulus spending we have tens of billions of dollars of so-called targeted spending in here.…”
Editor's note · Context
Flores questions the effectiveness of government spending compared to the private sector.
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