Where does the stimulus money go?

[Ame®icano]

Another one...[ame=http://www.youtube.com/watch?v=mMJFgd5V5gw]YouTube - Stimulus Effect on Jobs[/ame]

 

[jeffrockit]

Conservative squirrels running around looking for acorns that don't exist. We ate your kind when I was growing, baiting them with nuts that did not exist.

Less than 5% of the stimulus money has been spent. About 20% will be spent by 1 February. More than 80% will be spent five weeks before the November elections.

With the economy solidly recovering, with the job loss being reversed (beginning Feb or Mar -- write it down, cons; unlike you and Bush, I am accountable for what I say), with folks feeling better: guess who is going to get smashed in the fall of 2010?

My stupid party that refuses to learn so far from its mistakes.

Not true according to the White House.

A top White House economist says spending from the $787 billion economic stimulus has already had its biggest impact on economic growth and will likely not contribute to significant expansion next year.

Christina Romer, the chair of President Barack Obama's Council of Economic Advisers, said Thursday that the $194 billion already spent gave a jolt to the economy that contributed to growth in the second and third quarters of the year. She told a congressional panel that by the middle of next year, the impact of the stimulus will level off. Romer said spending so far has saved or created 600,000 to 1.5 million jobs but warned that unemployment will remain high, above 9.5 percent, through the end of 2010.

HolyCoast.com: The Stimulus Has Already Done All It's Going to Do

 

[The Rabbi]

Truth and JakeStarkey, King of the Unsubstantiated Statement, are strangers passing in the night.

 

[Ame®icano]

Adding this to my collection.

Stimulus Watch: Salary raise counted as saved job | www.azstarnet.com ®

WASHINGTON — President Barack Obama’s economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there.

 

[Wry Catcher]

Ain't it awaful. That damn Obama and his left wing cronies using OUR money on the pretense of stimulating the economy - bastards - .
Clearly these bastards planned from the beginning this entire economic collapse - Obama, George Soros and the Hollywood elite, and putting the blame on dear George Bush, and conservatives who rightly foresaw that regulation, any regulation by government, was wrong, evil, and socialistic. The bastards blame real Americans for our problems - how dare they.
And now, today, they have passed another $24 Billion of OUR money to stimulate the economy. Damn them, all 402 members of the House of Representatives who gave OUR money away.
It's almost as if someone, somewhere planned to shrink the government to the size it could be drowned in a bathtub. Then there would be no regulation, markets would be free and the world safe for ...Autocracy.

 

[Ame®icano]

Another sample of government efficiency.

The problem is that particular District employs only 290 Teachers in total. This is according to a recent Chicago Tribune investigation of White House claims of 473 jobs saved in that North Chicago area. These large discrepancies are now becoming common in other Chicago areas as well.

In the White House official report,Wilmette Public Schools District 39 was credited with 166 jobs saved by stimulus aid. Superintendent Raymond Lechner said the number should be zero.

At Dolton Riverdale School District 148,stimulus funds were said to have saved the equivalent of 382 Full-Time teaching jobs. That's 142 more than the district actually has.

A similar discrepancy was found in data for Kankakee School District 111,where the stimulus report logged the equivalent of 665 Full-Time jobs saved. "That's impossible",a top Kankakee school official said,adding that "the entire payroll Full and Part-Time is only 600 Workers."

Oh well,your hard earned Tax Dollars at work i guess. Yikes! Once you see how this is being done on a small scale it becomes easier to understand why their numbers just don't seem very credible. Pretty sad stuff.

 

[Ame®icano]

Adding to collection.

But in interviews with recipients, the Globe found that several openly acknowledged creating far fewer jobs than they have been credited for.

One of the largest reported jobs figures comes from Bridgewater State College, which is listed as using $77,181 in stimulus money for 160 full-time work-study jobs for students. But Bridgewater State spokesman Bryan Baldwin said the college made a mistake and the actual number of new jobs was “almost nothing.’

Stimulus fund job benefits exaggerated, review finds - The Boston Globe

 

[Richard-H]

One thing is for sure:

The stimulus bill is creating a lot more net jobs than the private sector is.

Why is it freaking wingnuts never hold the private sector responsible for anything?

If you believe in capitalism, let's see the capitalists pull us out of this mess. Otherwise shut up!

 

[chanel]

The "economy" is the private sector you moron. The economic stimulus was supposed to stinulate the private sector, not put moire people on the govt payroll. Where are the private sector jobs? Where are all those "shovel ready" projects we all supported? Why are the fucking bridges still falling down?

 

[mudwhistle]

I believe only 10 percent of Jerseys money went to infrastructure. Half our bridges are falling down. Now that's something everyone left or right cares about. Sux for us.

I hear New Jersey is in the middle of a Depression. New York too.

Friend of mine live on Long Island. Says it's really bad.

Notice all of the Blue states are the ones in the worst shape.

Wonder why that is?

 

[Ame®icano]

One thing is for sure:

The stimulus bill is creating a lot more net jobs than the private sector is.

Why is it freaking wingnuts never hold the private sector responsible for anything?

If you believe in capitalism, let's see the capitalists pull us out of this mess. Otherwise shut up!

 

[Ame®icano]

Here's a stimulus success story: In Arizona's 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that's what the web site set up by the Obama administration to track the $787 billion stimulus says.

There's one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts.

See video for more...

[ame="http://www.youtube.com/watch?v=_2Fg3s33Lug"]Recovery, huh?[/ame]

 

[Neubarth]

Obviously, horrific mismanagement. But we have known about that for a long time. It happened even when Lincoln was a wartime president.

 

[mudwhistle]

Obviously, horrific mismanagement. But we have known about that for a long time. It happened even when Lincoln was a wartime president.

Dude, we aren't at war anymore.......it's called an Overseas Contingency Operation.

 

[Wry Catcher]

I have to wonder, are most of you people stupid, willfully ignorant or simply to F'n lazy (or incapable) to think?
It's no F'n wonder that our nation is in trouble, read your own posts critically. Most of you are don't have a clue about history, economics or life in general.

 

[Claudette]

Well since most of the Porkulus bill was just that, Pork, I don't think to much was actually done about putting people to work. There were some of those 'shovel ready" projects out there but once the project is done. What then?? Back to the unemployment line I guess.

 

[Ame®icano]

In Oklahoma, recovery.gov lists more than $19 million in spending -- and 15 jobs created -- in yet more congressional districts that don't exist.

In Iowa, it shows $10.6 million spent – and 39 jobs created -- in nonexistent districts.

In Connecticut's 42nd district (which also does not exist), the Web site claims 25 jobs created with zero stimulus dollars.

The list of spending and job creation in fictional congressional districts extends to U.S. territories as well.

$68.3 million spent and 72.2 million spent in the 1st congressional district of the U.S. Virgin Islands.

$8.4 million spent and 40.3 jobs created in the 99th congressional district of the U.S. Virgin Islands.

$1.5 million spent and .3 jobs created in the 69th district and $35 million for 142 jobs in the 99th district of the Northern Mariana Islands.

$47.7 million spent and 291 jobs created in Puerto Rico's 99th congressional district.

"More jobs saved or created"

 

[keee keee]

To make believe congressional districts that will create a lot of make believe jobs!!!! Here is hoping that the news will change to some other story to hide this B.O. B.O. !!!! Hope and change!!!

 

[Ame®icano]

But wait, there is more...

Stimulus package has doubled the size of the House of Representatives, according to recovery.gov, which says that funds were distributed to 440 congressional districts that do not exist. Scroll the document to view them.

The stimulus revived 8 recently retired congressional districts. Pennsylvania’s 21st District has received just under $2 million in funds. Mississippi’s 5th District and Oklahoma’s 6th received $1 million from the legislation, respectively. All three were eliminated by the 2000 census.

Many other recipients carried the banner for congressional districts that have been defunct for decades. South Carolina’s 7th took the cake, garnering more than $27 million in stimulus funds, despite being eliminated in 1930. And Virginia’s 12th District may have been written off at the start of the Civil War, but it must carry some sentimental value in Old Dominion–it received more than $2 million, according to recovery.gov.

 

[Ame®icano]