Pulling the receipt…
Pulling the receipt…
MEBRO
06/18/26 · 11:40 PM UTC · 11 SOURCES
“Barack Obama spent a trillion dollars on 'shovel-ready' jobs when no such jobs existed.”
LEANS FALSE · HIGH CONFIDENCE
TL;DR ·Obama's $787B stimulus included infrastructure, but most funds were not for 'shovel-ready' jobs.
While President Barack Obama famously admitted in 2010 and 2011 that no such thing as shovel-ready projects existed as he had originally envisioned , the claim is misleading regarding the scale and allocation of the spending. The total cost of the American Recovery and Reinvestment Act of 2009 was approximately $787 billion (often cited as nearly a trillion) , but this entire sum was not dedicated solely to infrastructure. The stimulus included tax cuts, unemployment benefits, and healthcare spending . Only a portion was directed toward roads and bridges, such as a $20 billion surge analyzed by the Associated Press, which found that this specific spending had no effect on local unemployment . Although Obama acknowledged the shovel-ready label was a mistake , thousands of infrastructure projects were indeed funded, even if they faced significant bureaucratic delays and failed to provide the immediate economic boost promised . One notable example of a functioning project was the $1.6 billion nuclear cleanup at the Savannah River Site .
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