This months installment about the last stimulus
Quote:
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"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."
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Disappointed? ARE you freakin kidding me? Shoot yourself fercrissakes.
Quote:
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.
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This is beyond pathetic.
Quote:
Greuel blamed the dismal numbers on several factors:
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,"
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A "B-" Hmmm - maybe thats the problem we need someone to oversee the oversee-ers... I would thinnk thats more like a D- maybe that was a typo.
From Faux