Subscribe to Moronmeter!Many California Jobs Not In Danger of Disappearing ‘Saved’ by Stimulus Funds
The Sacramento Bee has an interesting article about how many jobs in California have actually been ‘saved’ by the stimulus funds.
Basically, of the 110,000 California jobs that were reported as having been ‘saved’ by stimulus, as many as 26k weren’t really in danger of being laid off to begin with.
In a required state report to the federal government, the university system said the $268.5 million it received in stimulus funding through October allowed it to retain 26,156 employees.
That total represents more than half of CSU’s statewide work force. However, university officials confirmed Thursday that half their workers were not going to be laid off without the stimulus dollars.
“This is not really a real number of people,” CSU spokeswoman Clara Potes-Fellow said. “It’s like a budget number.”
Well, if we couldn’t ‘save’ actual jobs belonging to a “real number of people” with a quarter of a billion dollars, at least we were able to save all of those ‘budget numbers.’
I don’t know about anyone else, but it seems to me like more work is going into making the stimulus package appear successful than is actually being generated by the stimulus package itself.
