Subscribe to Moronmeter!Stimulus Funds Create More Questions than Jobs?
Another day, another batch of reports detailing the problems with the ‘jobs created or saved’ numbers coming out of the Obama Administration.
Here are some of the latest highlights from around the web…
Georgia jobs created by stimulus dollars overstated | ajc.com.
- 317 jobs were ‘saved’ at The Central Savannah River Area Economic Opportunity Authority in Augusta, Georgia. Only problem? That wasn’t the number of jobs ‘saved’, that was the number of Head Start workers getting raises.
- The same 10 jobs reported 6 times by one contractor.
- A Head Start program in Moultrie, Georgia, reported 935 of its 508 jobs had been saved by stimulus spending. Turns out they left out a decimal point and saved 9.35 jobs.
- Overall over 1500 of the 24,681 jobs that the stimulus ‘created or saved’ in Georgia are currently suspect.
Jobs Saved or Created in Congressional Districts That Don’t Exist – ABC News.
- In Arizona’s 9th Congressional District, 30 jobs were created or saved using $761,420. Arizona doesn’t have a 9th Congressional District, which begs the question, was it just sloppy reporting (why would the user have been able to select a non-existent district in the first place?) or were the jobs just as much an illusion as the 9th Congressional District?
- $34 million went to Arizona’s 86th Congressional District, which is just as non-existent as the Arizona’s 9th Congressional District.
- It took more than $19 million to create 15 jobs in an Oklahoma district that doesn’t exist. $19 million for 15 jobs? Sounds like the government was bailing out some banks in Oklahoma.
- It isn’t all bad news, though, Connecticut created 25 jobs with $0 in stimulus funds its 42nd Congressional District.
ABC News Exclusive: Obama Administration Slashed 60,000 Jobs From Recent Stimulus Report – ABC News.
- Talladega County in Alabama claimed it created 5,000 jobs with only $42,000 in funds. I’m going to go out on a limb and guess that either the job number was slightly overstated or that $8.40 goes a looooong way in Talladega County.
- In Ohio, Belmont Metropolitan Housing Authority created or saved 16,120 jobs with just $1.3 million, which averages out to $80.65 per job. Obviously, those jobs don’t pay much, but I’ll bet they have incredible fringe benefits.
All told, the Obama Administration had to drop nearly 61,000 jobs from its report in October, which reported 640,000 jobs had been ‘created or saved’ by the stimulus spending. That’s nearly 9% of the jobs reported to have been ‘created or saved’ by stimulus spending.
Granted, the Obama Administration is taking steps to correct obvious reporting errors and they definitely deserve credit for correcting them.
But, for me that creates another issue.
According to Recovery.gov, 640,329.18 jobs (yes, “.18″ of a job) have been ‘created or saved’ using $158,976,620,895.
That is a whopping $248273.27 per job.
My question is… Where do I sign up for one of these $250,000 stimulus jobs?
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