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"A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics."
"A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics."
We ALL know now that the "stimulus" wasn't really a stimulus in the traditional sense. Just a plot to grow government and waste taxpayer money on a long wish list of bad liberal ideas.
As it was in 2010, it will be a major issue in 2012.
"A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics."
So that comes out to 290K per job but that's nothing.
Quote:
Last year, Seattle Mayor Mike McGinn announced the city had won a coveted $20 million federal grant to invest in weatherization. The unglamorous work of insulating crawl spaces and attics had emerged as a silver bullet in a bleak economy - able to create jobs and shrink carbon footprint - and the announcement came with great fanfare.McGinn had joined Vice President Joe Biden in the White House to make it. It came on the eve of Earth Day. It had heady goals: creating 2,000 living-wage jobs in Seattle and retrofitting 2,000 homes in poorer neighborhoods.
But more than a year later, Seattle's numbers are lackluster. As of last week, only three homes had been retrofitted and just 14 new jobs have emerged from the program. Many of the jobs are administrative, and not the entry-level pathways once dreamed of for low-income workers. Some people wonder if the original goals are now achievable.
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Read more: Seattle green jobs program falls short of goals - seattlepi.com (http://www.seattlepi.com/news/article/Seattle-green-jobs-program-falls-short-of-goals-2057897.php#ixzz1VoXhwahg - broken link)
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So far this fiasco costs about 1.4million per job and 6.67 million per house retrofitted.
"A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics."
Come on, you know the rules. All economic news that proves the wrecklessness of the Fed and/or this administration has to have "Greenshoots!" in the title.
Considering 70% of the $500 is most likely cost, with 30% profit, and at least 1/2 of the 70% is material (cost of trees), this is much ado about nothing.
Most of those tax abatement or stimulus, we will come to your town and hire people if we don't have to pay taxes are scams.
If you really want to get hot under the collar, look up what Rick Perry has done with Texas tax money and giving grants to his friends. The Texas Enterprise fund is nothing more than the Governor's slush fund. Feds do it all of the time.
I'm still trying to find out what happened to all those billions of US Dollars that got lost in Iraq.
A normal ratio. Most of our subsidiaries are 50-60 mill revenue (100-120 times that) with 200 or so jobs..200/120 = 1.67.
I wonder why your comment was ignored? Gee, Wally, I don't know!
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