High, persistent unemployment and a sluggish economy underscore what all
but the most-dedicated supporters of Barack Obama know to be true: The
president's 2009 stimulus program was a massively expensive bust.

Understanding
why the stimulus failed is an important step in understanding how the
government can—and cannot—goose economic recovery. To get a better sense
of how and where the stimulus went wrong, Reason.tv focused on Silver
Spring, Maryland, a suburb of Washington, D.C., that's home to a large
number of government contractors and other recipients of money earmarked
for the sorts of "shovel ready" projects that were going to bring the
economy back to life.

Around 8 Minutes, worth the watch though.