On the Third Birthday of Their Failed Stimulus, Democrats Push for Even More Wasteful Washington Spending

Washington — The legacy of Larry Kissell’s stimulus three years after it passed has been fraught with skyrocketing debt and endless examples of squandered taxpayer money like with the $535 million Solyndra bankruptcy. But three years seems to be just the beginning for Kissell’s Democrat leaders, who are doubling down on job-killing taxes to pay for more of the same failed stimulus spending which gave voters the bill for Solyndra.
“Larry Kissell and his fellow Democrats are making it clear that they still aren’t willing to abandon their disastrous policies of taxing, spending and borrowing after three long years,” said NRCC Communications Director Paul Lindsay. “But the skyrocketing debt and persistently high unemployment are taking their toll on weary taxpayers in North Carolina, especially as Kissell continues to embrace the Democrats’ failed $800 billion stimulus experiment that will surely result in even more Solyndras.”

The stimulus experiment has failed, but the $800 billion price tag for taxpayers remains:

“CBO’s high estimate is still short of the 3.5 million jobs that Obama had said would be created by the end of 2010, so it’s accurate to say the stimulus has failed to live up to initial expectations. White House advisers wrongly estimated that the stimulus would bring the unemployment rate down to 7 percent.”(Lori Robertson, “Dueling Economic Ads,” FactCheck.org, 6/30/11)

Democrats in Washington are now doubling down on gambling with taxpayer-funded stimulus money, not having learned their lesson after Solyndra and three years of stunted economic growth:

“As promised, President Barack Obama’s 2013 budget request shows a clear bet on clean energy and gives a Bronx cheer to the oil and gas industries… For starters, and despite lingering fallout over the bankruptcy of Solyndra LLC, the budget resolutely continues to bet on clean-energy technology, from electric cars to geothermal power generation.” (Keith Johnson, “Obama Budget Doubles Down on Clean Energy,” The Wall Street Journal‘s Washington Wire Blog, 2/13/12)

Despite three years of failed stimulus spending, Larry Kissell and his Washington Democrat colleagues continue to embrace the same policies that gave American taxpayers Solyndra instead of the jobs promised. After three years of stimulus spending, it seems that Kissell still hasn’t realized the damage his Democrat policies have done.