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More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and the results are not living up to expectations.
"I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," says Wendy Greuel, the city's controller. "With our local unemployment rate over 12% we need to do a better job cutting red tape and putting Angelenos back to work."
According to the audit, the Los Angeles Department of Public Works spent $70 million in stimulus funds and created 7 private sector jobs and saved 7 workers from layoffs. Taxpayer cost per job: $1.5 million.
Originally posted by boondock-saint
...Bad decisions.
Originally posted by boondock-saint
1 job at minimum wage yields app. $24K yr.
Where did the other 1.476 million go???
.
Originally posted by Steve8511
Hey! Obama said that he was going to create jobs!!
He just never said how much it would cost......
American voters are so stupid.
Originally posted by jontap
Originally posted by Steve8511
Hey! Obama said that he was going to create jobs!!
He just never said how much it would cost......
American voters are so stupid.
You havent seen the STUPIDEST yet from the American people!!!!!!!!!!!
November will show how STUPID Americans are!! It seems Americans have FORGOTTEN the THIEVING GANGSTER REPUBLICANS who TANKED this economy and caused so much job losses. Now we have had someone in office (a DEMOCRAT) who has been SCRAMBLING from DAY 1 to try and pick the country back up, and just because its not milk and honey after such short time, they are going to elect THE CROOKS BACK IN this November. UNBELIEVABLE!!
THATS STUPID AMERICANS FOR YOU!!!!!!!!
You just cannot get ANY STUPIDER than that!!!
Source
Warns against the party system. "It serves to distract the Public Councils, and enfeeble the Public Administration....agitates the Community with ill-founded jealousies and false alarms; kindles the animosity of one....against another....it opens the door to foreign influence and corruption...thus the policy and the will of one country are subjected to the policy and will of another."
Originally posted by jontap
reply to post by camaro68ss
Many Americans have no idea that the problem you speak of DID IN FACT happened on Bush's watch, under Bush's policy.
You, are one of MANY who FAILS to know the FACTS!!!