Maybe you didn't hear....shovel ready jobs weren't shovel ready after all
Maybe you didn't hear, GOP governors refused to use stimulus money for shovel ready jobs but used it to pay down their state's debt instead.
Maybe you didn't hear, $75 billion dollars earmarked to help 7-9 million homeowners
4-5 million with refinancing
3-4 million low income minorities at greatest risk of foreclosure with loan modifications
was reduced to $50 billion and by Oct 2010 only 600 million was spent on homeowners
but mortgage servicers incentives to offer refinancing and loan modifications totaled...
JP Morgan $79 million
Bank of America $49 million, $780 million 3rd quarter
HAMP was further reduced to $30 billion and by the time all was said and done
less than $4 billion was spent helping less than 1 million homeowners
Car owners were given more money for their cars with Cash for Clunkers
then was spent on fewer than 1 million homeowners to avoid foreclosure/alleviate hardship