Posted on 07/09/2009 4:41:33 AM PDT by coachep95
Under pressure to spend stimulus money quickly, many states are using the federal funds for short-term projects and to fill budget gaps rather than spending on long-term improvements, according to a report by congressional investigators.
The report, scheduled to be released Tuesday by the Government Accountability Office (GAO) at a House oversight hearing, also says many states aren’t meeting some goals and requirements of the economic recovery program. Some states, for example, are not sending transportation funding to the most economically distressed areas, and they are using education funds to prevent layoffs rather than fund innovative new programs, the report says.
So, government does not work efficiently? Wow, this comes as a complete shock.
Barry has to have someone to blame. The states are taking orders like they should.
Wow!
I did NOT see that coming....
Gee, who ever saw THIS coming?? Politicians lying to each other about spending money.
I am so shocked.
Surprise?
Now Barry can ram another stimulus up us sans vaseline.
And tax cuts weren’t acceptable because common people would just save the money or pay down bills....
hh
Yep, in the course of history, it is so seldom that these gov’t programs go wrong. It’s so NICE to know, that when we all screw up, led to gamble grandma’s inheritance on speculative stocks, and lend money to people we’ll know won’t pay, that there is always Mr. Obama there to advocate for us, and give us the stimulus...the drug...to make us lay back and say AHHHHHH.
One of the perverse features of the states’ using the stimulus money to fill budget holes is that it is probably more directly stimulative than the longer term spending that would result from infrastructure.
It is perverse because (1) it isn’t being used as intended, (2) the states shouldn’t be so badly run that they have huge deficits, and (3) it is pushing money into the economy by employing more unproductive state government drones.
Huge amen!
http://www.nea.gov/grants/recent/09grants/states2/arra.php?STATE=IL.
And they are proud of it.
Arizona is using their stimulus to give raises and avoid furloughs at Arizona State University. Jeffrey Coles, a professor in the WP Carey School of Business, makes $350,000 per year.
Thanks a lot Democrats for squandering our taxes and causing (next year) rampant inflation!
“Giving money and power to government is like giving whiskey and car keys to teenage boys.” - P. J. O’Rourke
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