Obama jokes about Recovery Act: ‘Shovel-ready was not as shovel-ready as we expected’

C.J. Ciaramella Contributor
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At a Council on Jobs and Competitiveness meeting today in Durham, N.C., President Barack Obama had a nice little chuckle about the lackluster results of the Recovery Act, better known as the stimulus.

While a member of the Council was explaining how federal permit process can delay construction and infrastructure projects by “months to years … and in many cases even cause projects to be abandoned,” Obama quipped: “Shovel-ready was not as … uh … shovel-ready as we expected.”

The Recovery Act was intended to prevent the jobless rate from going over 8 percent. It’s now at 9.1 percent.