Posted by: arnegrim | November 17, 2009

The “Math Magic” of Federal Stimulus

So… what has our taxpayer-funded stimulus plan done?

Good question… apparently not even the White House knows for sure…

“Here’s a stimulus success story: In Arizona’s 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that’s what the Web site set up by the Obama administration to track the $787 billion stimulus says.

There’s one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts.”

hmmm… so, it’s gone… and people report that its been spent on ‘job creation’… but apparently they got their facts wrong.  The question I have is… how wrong?  If they don’t even know where the jobs were created… were there jobs created at all?  Or perhaps some career politician has lined his pockets a little more… to keep his hands warm of course.

“In Oklahoma, lists more than $19 million in spending — and 15 jobs created — in yet more congressional districts that don’t exist.

In Iowa, it shows $10.6 million spent – and 39 jobs created — in nonexistent districts.

In Connecticut’s 42nd district (which also does not exist), the Web site claims 25 jobs created with zero stimulus dollars.”

Wait… not only are they claiming job creations in non-existant places… they are also claiming job creations where they spent no money???  How does that work?  How is that an example of our Federal Stimulus at work?

“The Web site was established as part of the stimulus bill “to foster greater accountability and transparency” in the use of the money spent through the stimulus program. The site is a well-funded enterprise; the General Services Administration updated it earlier this year with an $18 million grant.”

Well-funded is an understatement!!! $18 million for a website?!?



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