Posted on 04/09/2010 8:21:23 AM PDT by UltraConservative
In March 2010, Professor Veronique de Rugy of George Mason University released a study about President Obama’s stimulus package. It contained many informational gems:
*Public entities received 42 percent of awards under the stimulus package, but received over half of dollars awarded (meaning they got larger chunks of change than private contractors);
*Even according to the administration, $285,814.61 was spent to create each job under the stimulus;
*On average, Democratic districts received 1.53 times the amount of awards that Republicans were granted, with Democratic districts receiving 2.65 times the amount of stimulus dollars Republican districts received. Democratic districts received 73 percent of the total stimulus funds awarded, and Republican districts received 27 percent of the total amount awarded.
De Rugy claimed that “a district’s representation by a Republican decreases the stimulus funds awarded to it by 41.7 percent.” She also found that unemployment did not correlate with stimulus funds received. In other words, much of the money under the stimulus was directed at Democratic districts for political reasons.
The mere suggestion that politics had anything to do with allocations under the stimulus got the journalistic left’s panties in a wad. Some of the criticism of de Rugy’s study was worthwhile. Nate Silver at FiveThirtyEight.com pointed out that de Rugy had not taken into account the fact that cash was allocated largely to districts containing state capitols, since money allocated to states generally flows through state capitols (which are overwhelmingly represented by Democrats). There is something to be said for this criticism, of course, which is why de Rugy proceeded to re-run the study taking into account the effect of allocations to state capitols – and found that the average Democratic district still gets 30 percent more cash than the average Republican district.
Of course, that didn’t stop the rest of the journalistic left from trashing de Rugy with inordinate glee before she had the chance to re-run the numbers. Partisan hack Jonathan Chait accused de Rugy of “living [a] well-compensated [life] of pure ideological hackery.” Idiots Paul Krugman and Derek Thompson chimed in, too. They didn’t bother reading the study, of course – they simply parroted Silver’s point, which de Rugy had already accepted, and was busily integrating into her study.
The key finding of de Rugy’s study went unnoticed, of course: if the stimulus was supposed to stimulate employment, the cash should have gone to districts with the highest unemployment. It didn’t. That means that something else was in play – politics.
The looting of America continues.
Like most thieves who will destroy an antique desk drawer to steal the quarter inside, the thieving Obamites continue to destroy the Republic to pick the change out of our drawers.
Find later
-quote from sir Winston Churchill
Dem's Love milking the tiger.
1. It gives hard # to what we all suspected about Democratic corruption and cronyism.
2. This is the “Blogger and Personal” section, it doesn’t have to be “news”.
Gee. What a surprise.
Nothing personal.
It’s the Chicago Way...
You surprise me!
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