Utopia Talk / Politics / $2 Million Per Job Created = B+

Hot Rod Member	Fri Sep 17 16:03:57 L.A.: $111M in Stimulus Saved Just 55 Jobs By William Lajeunesse Published September 17, 2010 | FoxNews.com 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 percent we need to do a better job cutting red tape and putting Angelenos back to work." According to the audit, the Los Angeles Department of Public Works spent $70 million in stimulus funds -- in return, it created seven private sector jobs and saved seven workers from layoffs. Taxpayer cost per job: $1.5 million. The Los Angeles Department of Transportation created even fewer jobs per dollar, spending $40 million but netting just nine jobs. Taxpayer cost per job: $4.4 million. Greuel blamed the dismal numbers on several factors: Aug. 13: Several thousand people protest demanding jobs outside City Hall in Los Angeles. 1. Bureaucratic red tape: Four highway projects did not even go out to bid until seven months after they were authorized. 2. Projects that were supposed to be competitively bid in the private sector went instead went to city workers. 3. Stimulus money was not properly tracked within departments 4. Both departments could not report the jobs created and retained in a timely fashion.. "I would say maybe in a grade, a B- in creating the jobs," Greuel told Fox News. "They have started to spend those dollars but it took seven months to get some of those contracts out. We think in the city that we should move quickly and not in the same usual bureaucratic ways." http://www...nted-city-used-stimulus-funds/
The Children Member	Fri Sep 17 16:10:47 rofl. Do you now see how inefficient and corrupt your country is. Trying to place the blame on China again? Haha, what a joke. 111 million couldnt save 55 jobs. Haha. Round these highschool dropouts one by one and let them clean the streets for 7 hours a day at 50% minimum wage. Problem solved, dumbasses.
Adolf Hitler Member	Fri Sep 17 16:11:46 Troll rod, that post was interesting. Got anymore info like that?
Rugian Member	Fri Sep 17 16:15:13 "$2 Million Per Job Created = B+" I'm even more opposed to the stimulus packages than Hot Rod is, but this a stupid statistic. If you use that money on a $200 million project to upgrade some infrastructure that desperately needed it, and the contracted construction companies hire 100 new people in addition to the employees they already have to work on the project, then from a "jobs created" perspective the stimulus funding was a waste, but from an infrastructure perspective the money was well spent.
Hot Rod Member	Fri Sep 17 19:30:46 I'm just posting what The LA City Controller said.
eds Member	Fri Sep 17 20:29:10 Okay so all those jobs that will be created now that "They have started to spend those dollars" don't count in your calculations at all? Nice math.
Hot Rod Member	Fri Sep 17 21:23:15 It is not my fucking calculation. The article is about the report from The Los Angeles City Controller.
Rugian Member	Fri Sep 17 21:36:21 Hot Rod: You can't keep spamming that line. People are directing their criticisms at the controller, not at you; you can either agree or disagree with those criticisms, but this effort to tray and reduce those criticisms to personal attacks on you when they are not is just poor trolling. The point is the controller was ignoring the non-job-creation benefits of stimulus money spent. The article does mention that the way the money was spent on the projects was inefficient, which is the real story. The jobs thing is a red herring. Even if these projects were done in a fiscally efficient manner, the ratio of money spent to jobs created/retained would have not been impressive. That's how construction jobs are. A $10 million road project doesn't need 100 workers.
Aeros Member	Fri Sep 17 21:49:03 Shit, I agree with Rugian. Rod, you have a problem. Also, why is a supposedly legit news source playing dumb with stats like this?
Hot Rod Member	Fri Sep 17 21:50:11 Sorry, I thought the comments were aimed at me. I didn't know The LA City Controller was reading Utopia. If they are criticizing him, they should mention him instead of saying you. As I posted the OP it sure sounds like they are blaming me for the article. Perhaps you should get them to phrase it in a conversational tone rather than as a criticism. A person gets a little thin skinned sometimes.
Hot Rod Member	Fri Sep 17 22:09:11 I think practically the entire Stimulus Pkg. was nothing more than an invitation to liberals around the country to throw a piece of pork into the barrel. Not saying the infrastructure doesn't need a lot of work, it most certainly does. But it needs a well thought out spending program of it's own administered by the appropriate departments be it Transportation, Interior, etc. The infrastructure projects are nothing more than temporary jobs. You go in, build something or make repairs and the worker is out of a job again. What is needed are jobs that will be there for the employee year after year. Such as service, factory, sales, etc. Jobs that create wealth and incomes over long periods. What Obama calls a stimulus bill is little more than a payoff to lower level liberals and the unions.
Hot Rod Member	Fri Sep 17 22:34:37 Fri Sep 17 22:09:11 I think practically the entire Stimulus Pkg. was nothing more than an invitation to liberals around the country to throw a piece of pork into the barrel. Not saying the infrastructure doesn't need a lot of work, it most certainly does. But it needs a well thought out spending program of it's own administered by the appropriate departments be it Transportation, Interior, etc. The infrastructure projects are nothing more than temporary jobs. You go in, build something or make repairs and the worker is out of a job again. What is needed are jobs that will be there for the employee year after year. Such as service, factory, sales, etc. Jobs that create wealth and incomes over long periods. What Obama calls a stimulus bill is little more than a payoff to lower level liberals and the unions. http://www...hread=38448&time=1284779688835
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