111 Million of Stimulus funds for LA saved/created 55 jobs

[nick1985]

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," said 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.




http://www.foxnews.com/politics/201...ficial-disappointed-city-used-stimulus-funds/

http://www.washingtonexaminer.com/b...lus-money-only-created-55-jobs-103130179.html


Government efficiency :thumbsup:

The Stimulus worked. :thumbsup:

 

[SammyJr]

We probably ought to give the top .0001% another tax cut and include them all in our wills. That would save 10 billion jobs.

 

[feralkid]

nick1985 posts more Fauxnews blabber. :thumbsdown:

 

[rudder]

nick1985 posts more Fauxnews blabber. :thumbsdown:

well here you go little child...

http://www.sfexaminer.com/economy/a...lus-money-only-created-55-jobs-103130179.html

OMFG it says the same damn thing!

 

[feralkid]

well here you go little child...

http://www.sfexaminer.com/economy/a...lus-money-only-created-55-jobs-103130179.html

OMFG it says the same damn thing!

Rudder posting S.F Examiner =! nick posting fauxnews. Regardless of veracity, just not the same. Not even close. Quite wide of the mark.

 

[nick1985]

nick1985 posts more Fauxnews blabber. :thumbsdown:

You didnt complain about my post yesterday with an MSNBC link. Why? Are you a bitter partisan or something?

 

[feralkid]

You didnt complain about my post yesterday with an MSNBC link. Why? Are you a bitter partisan or something?

Sorry, I'll try harder next time.

 

[nick1985]

Rudder posting S.F Examiner =! nick posting fauxnews. Regardless of veracity, just not the same. Not even close. Quite wide of the mark.

I included a washington examiner link in the OP. Now care to comment?

 

[feralkid]

I included a washington examiner link in the OP. Now care to comment?

Slightly dilutes my impression...slightly.

 

[rudder]

Rudder posting S.F Examiner =! nick posting fauxnews. Regardless of veracity, just not the same. Not even close. Quite wide of the mark.

your right. It is kind of like most threads here which expose the failure of the current administration. Go after the poster... forget the message.

 

[EagleKeeper]

If a job is paid w/ benifits @ $100K - where did the other $1.4M/person go.
Work that that person supervises w/ respect to additional work/private contractors or what?
Taxpayers should be able to get those answers

 

[feralkid]

your right. It is kind of like most threads here which expose the failure of the current administration. Go after the poster... forget the message.

No, it's not something I would normally do; just fed up with his outrage every morning.

I probably just acted out of annoyance,sorry.

 

[Homerboy]

If a job is paid w/ benifits @ $100K - where did the other $1.4M/person go.
Work that that person supervises w/ respect to additional work/private contractors or what?
Taxpayers should be able to get those answers

Yes, they SHOULD... but they won't. You know that already though.

 

[Mursilis]

nick1985 posts more Fauxnews blabber. :thumbsdown:

You can go right to the comptroller's website and find the report yourself. You don't have to take Fox's word for it. But of course you'd rather just repeat the talking point you've been told by others here - "Faux News always lies!!! Faux News always lies!!" says the parrot.

This line is lifted right from the report:

Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.

Happy now?
Lazy troll is lazy.​

 

[feralkid]

You can go right to the comptroller's website and find the report yourself. You don't have to take Fox's word for it. But of course you'd rather just repeat the talking point you've been told by others here - "Faux News always lies!!! Faux News always lies!!" says the parrot.

This line is lifted right from the report:

Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.

Happy now?
Lazy troll is lazy.​

Read my last post.

Veracity not questioned, just pre-coffee annoyance.

I apologized .

 

[Mursilis]

Read my last post.

Veracity not questioned, just pre-coffee annoyance.

I apologized .

Noted. I respect that you'd do that.

 

[Hayabusa Rider]

Coffee makes the world go round.

 

[EagleKeeper]

<snip>

This line is lifted right from the report:

Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.
<snip>

How does one determine a .46 of a job/person.

18.5 hours per week?

 

[PeshakJang]

How does one determine a .46 of a job/person.

18.5 hours per week?

They employed 46 illegals.... since they only count as 1/100 of a person.

 

[zsdersw]

Go after the poster... forget the message.

Happens all the time when the OP is not flattering to the Right, too.

 

[MotF Bane]

How does one determine a .46 of a job/person.

18.5 hours per week?

Amputee?

 

[Mursilis]

How does one determine a .46 of a job/person.

18.5 hours per week?

I wondered myself, but since I was just quoting the report, I don't have to explain it!

 

[bfdd]

If a job is paid w/ benifits @ $100K - where did the other $1.4M/person go.
Work that that person supervises w/ respect to additional work/private contractors or what?
Taxpayers should be able to get those answers

This is California baby, Los Angeles we make money disappear.

 

[soundforbjt]

This is California baby, Los Angeles we make money disappear.

The high cost of living in California must have something to do with it.

 

[Jaskalas]

This is the case study of why government's wealth redistribution is doomed to collapse the country. Money is simply pillaged from the economy and never seen again. No different than the giant corps.