- Dec 29, 2002
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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," 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:
"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:
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