Posted on 11/06/2009 8:20:35 AM PST by SmithL
Up to one-fourth of the 110,000 jobs reported as saved by federal stimulus money in California probably never were in danger, a Bee review has found.
California State University officials reported late last week that they saved more jobs with stimulus money than the number of jobs saved in Texas – and in 44 other states.
In a required state report to the federal government, the university system said the $268.5 million it received in stimulus funding through October allowed it to retain 26,156 employees.
That total represents more than half of CSU's statewide work force. However, university officials confirmed Thursday that half their workers were not going to be laid off without the stimulus dollars.
"This is not really a real number of people," CSU spokeswoman Clara Potes-Fellow said. "It's like a budget number."
That certainly was not the way Gov. Arnold Schwarzenegger described it at a news event with Vice President Joe Biden late last week, where he focused on people, not budgets.
"Anyone that criticizes the stimulus money should talk to those 100,000 people that have retained their jobs or gotten jobs because of the stimulus money, especially the 62,000 teachers that have kept their jobs or gotten jobs," Schwarzenegger said.
(Excerpt) Read more at sacbee.com ...
My question is
why didn’t he just go ahead and claim that ALL the jobs that still exist were “saved”?
Yep. Nuthin’ more stimulating to the private sector economy than keeping government workers employed.
laughable
Gee, where could this money being going if not to save jobs?
I suspect that most of the road repair jobs were filled by illegal aliens.
why didn’t he just go ahead and claim that ALL the jobs that still exist were “saved”?
Up to one-fourth of the 110,000 jobs reported as saved by federal stimulus money in California probably never were in danger
Imagine that ...
Stimulus my ***! Political payback! Note who is the top Obama contributor in 2008 (source Open Secrets):
| University of California | $1,591,395 |
| Goldman Sachs | $994,795 |
| Harvard University | $854,747 |
| Microsoft Corp | $833,617 |
| Google Inc | $803,436 |
| Citigroup Inc | $701,290 |
| JPMorgan Chase & Co | $695,132 |
| Time Warner | $590,084 |
| Sidley Austin LLP | $588,598 |
| Stanford University | $586,557 |
| National Amusements Inc | $551,683 |
| UBS AG | $543,219 |
| Wilmerhale Llp | $542,618 |
| Skadden, Arps et al | $530,839 |
| IBM Corp | $528,822 |
| Columbia University | $528,302 |
| Morgan Stanley | $514,881 |
| General Electric | $499,130 |
| US Government | $494,820 |
| Latham & Watkins | $493,835 |
That would be too obvious. The number of jobs saved would be unbelievable on its face. The beauty of including this "saved jobs" category is that any single "saved job" can be counted over and over again. "Still saved."
I can only give $2,000 max. No wonder my opinion doesn’t amount to a hill of beans to these people.
Nice work McCain.
“University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
I understand Goldman Sachs contributing nearly a million, but U of C??
It's not a gift, it's an investment.
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