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L.A.: $111M in Stimulus Saved Just 55 Jobs
http://www.foxnews.com/politics/2010/09/16/los-angeles-official-disappointed-city-used-stimulus-funds/ ^

Posted on 09/17/2010 4:55:28 AM PDT by Red in Blue PA

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."

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; US: California
KEYWORDS: 2milperjob; 2mperjob; california; economy; failure; government; jobs; losangeles; obama; obamanomics; porkulus; saved; socialism; spending; stimulus; unemployment
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Bring back the guillotine.
1 posted on 09/17/2010 4:55:30 AM PDT by Red in Blue PA
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To: Red in Blue PA

Wow, just over 2 million per job “saved.” At my gross yearly income I could retire before my 2 million ran out. Maybe I should go do something stupid and irresponsible so the big nanny-state will come and bail me out. Save me! Save me!!!...Nah, I have self-respect and an independent streak in me.


2 posted on 09/17/2010 5:00:11 AM PDT by ThunderSleeps (obama out now! I'll keep my money, my guns, and my freedom - you can keep the change.)
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To: ThunderSleeps

The Controller in LA gives the effort a B+.

Simply unbelievable!


3 posted on 09/17/2010 5:00:50 AM PDT by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Red in Blue PA
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 Illegals back to work."
4 posted on 09/17/2010 5:01:02 AM PDT by org.whodat
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To: Red in Blue PA

I am surprised it was as many as 55 ... considering all the waste and corruption.


5 posted on 09/17/2010 5:05:25 AM PDT by BlackVeil
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To: Red in Blue PA
Bring back the guillotine.

-----------------------------

B.O. More Damaging Than BP

stock-market-drop-1sm

6 posted on 09/17/2010 5:05:38 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Red in Blue PA

I saw that on Fox ..OUTRAGEOUS!


7 posted on 09/17/2010 5:06:26 AM PDT by MEG33 (God Bless Our Military Men And Women)
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To: Red in Blue PA

I could have easily rounded up 111 people who would have been willing to give there job to someone who didn’t have one for a million each. I could double the efficiency over night. Instead of them saying “saved or created”, they could say saved and created. Do ya think I should call em?


8 posted on 09/17/2010 5:07:06 AM PDT by CynicalBear
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To: Red in Blue PA

“local unemployment rate over 12%”

Quit being so negative, without the stimulus, unemployment may or may not have hit 12.0000000000000000000001%


9 posted on 09/17/2010 5:14:51 AM PDT by coaltrain
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To: coaltrain

http://www.youtube.com/watch?v=2_OzLHKFN5s


10 posted on 09/17/2010 5:18:05 AM PDT by terjon
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To: Red in Blue PA

....and these a**holes wonder why there is a Tea Party


11 posted on 09/17/2010 5:25:48 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Red in Blue PA

L.A.: $ 111,000,000 in Stimulus Saved Just 55 Jobs!!!

http://www.foxnews.com/politics/2010/09/16/los-angeles-official-disappointed-city-used-stimulus-funds/ ^

Did everyone see what Fox news is reporting? The person in charge of the stimulus jobs in Los Angeles has filed a 40 page report stating that $111 million in stimulus money from the federal government resulted in...

Wait for it...

55 jobs!

Yes!!

That is about $2 million per job — life is sweet, if you’re sucking on the government teat, and getting a job that is worth $2 million from city Council friends.

How could anyone think that this is the way to create jobs in America — why don’t they just fly over the city of Los Angeles and shovel hundred dollar bills out the side of the airplane?

Hell, now that I think about it, that would probably generate a lot more stimulus than the 55 jobs that they claim they created.

Oh, and you’ll be glad to know, the city comptroller said “We need to do a better job next time”— I guess she’s already looking forward to her next $111 million stimulus — hell yeah, now we can hire 55 more people!!!

By the time China runs out of money I guess we will have hired about 5,000 people.

Does anyone remember when the Chinese government told Barack Hussein Obama “There is not enough money in the world to loan to America, for all the money that America wants to borrow”.

Do you think the government is paying attention?

I don’t.


12 posted on 09/17/2010 5:50:47 AM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: DontTreadOnMe2009

Yet more data that YOU need to gret out and vote these bastards OUT! At all levels the LIBs/DIMs and their moonbatty hangers-ons need ousted. In any other world than this Bizzarro world we live these creeps would be in jail.


13 posted on 09/17/2010 5:59:50 AM PDT by hal ogen (1st amendment or reeducation camp?)
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To: DontTreadOnMe2009
That is about $2 million per job — life is sweet, if you’re sucking on the government teat, and getting a job that is worth $2 million from city Council friends.

Yep. I wonder how much of that 'stimulus' money wound up under mattresses. IMHO, the biggest problem is the hand-washing that goes on, because it begets corruption on a massive scale.

Maybe we should make violation of the public trust a capital offense that culminated in a public hanging.

You might be amazed how honest the political elite will become.

14 posted on 09/17/2010 6:02:10 AM PDT by MamaTexan (I am ~person~ as created by the Law of Nature, not an 'entity' as created by the laws of man.)
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To: Red in Blue PA

Means that some pockets must have got lined with some extra cash.


15 posted on 09/17/2010 6:14:07 AM PDT by RetiredArmy (I cannot wait until Christ returns in the clouds and calls up the church. Hopefully, SOON!)
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To: DontTreadOnMe2009

“life is sweet, if you’re sucking on the government teat”

That just made my day.

Remember how they used to cite ‘lives touched’ in reference to the stimulus? How much you want to bet they’ll do it again? Let’s see, each of the people in those 55 jobs probably had a family of...4. Yeah, that sounds about right. And each of them probably shopped at 5 different places with the income money. Every person who worked at the store could then afford to buy birthday gifts for 10 friends...and the friends shared what they got with their family of 4. Each person in that family then told 20 of their friends how wonderful it all was.

See there? 880,000 lives touched by this stimulus! Spin THAT!


16 posted on 09/17/2010 6:16:08 AM PDT by 1cewolf (Duty, honor, excellence.)
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To: Red in Blue PA
Send in the I. G.
17 posted on 09/17/2010 6:18:11 AM PDT by NonValueAdded ("It's amazing, A man who has such large ears could be so tone deaf" Rush Limbaugh 9/8/10)
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To: Red in Blue PA
"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."

Straight out of the Onion.
18 posted on 09/17/2010 6:27:57 AM PDT by nhwingut (Palin/Bachmann '12)
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To: DontTreadOnMe2009

Several of the jobs were probably from making and filing the report...


19 posted on 09/17/2010 6:45:09 AM PDT by ltc8k6
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To: ThunderSleeps
Wow, just over 2 million per job “saved.”

Could I have one of those jobs for just one year, please?

20 posted on 09/17/2010 6:49:37 AM PDT by nina0113
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