
04-16-2012, 06:12 AM
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Location: Too far from home.
8,732 posts, read 6,547,729 times
Reputation: 2373
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Very interesting site to search your city/state and see where the money is going. Seems that public/government housing is benefiting quite nicely.
Stimulus Watch: Keeping an Eye on Economic Recovery Spending
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04-16-2012, 07:28 AM
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Location: Massachusetts
10,029 posts, read 8,046,406 times
Reputation: 4211
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In looking at my local area the amount of money spent with 0 jobs created is quite telling.
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04-16-2012, 07:31 AM
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29,409 posts, read 21,240,924 times
Reputation: 5450
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Makes me want to throw up all the wasted money.
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04-16-2012, 08:09 AM
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29,409 posts, read 21,240,924 times
Reputation: 5450
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Here is what this money has been wasted on. Read the entire article if you want to see how completely insane the green weenies are.
"The government spent at least $205,075 in 2010 to “translocate” a single bush in San Francisco that stood in the path of a $1.045-billion highway-renovation project that was partially funded by the economic stimulus legislation President Barack Obama signed in 2009.
“In October 2009, an ecologist identified a plant growing in a concrete-bound median strip along Doyle Drive in the Presidio as Arctostaphylos franciscana,” the U.S. Department of Interior reported in the Aug. 10, 2010 edition of the Federal Register. “The plant’s location was directly in the footprint of a roadway improvement project designed to upgrade the seismic and structural integrity of the south access to the Golden Gate Bridge.
“The translocation of the Arctostaphylos franciscana plant to an active native plant management area of the Presidio was accomplished, apparently successfully and according to plan, on January 23, 2010,” the Interior Department reported.
The bush—a Franciscan manzanita—was a specimen of a commercially cultivated species of shrub that can be purchased from nurseries for as little as $15.98 per plant. The particular plant in question, however, was discovered in the midst of the City of San Francisco, in the median strip of a highway, and was deemed to be the last example of the species in the “wild.”
Shovel Ready in San Fran: $205,075 to
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04-16-2012, 08:13 AM
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Location: Long Island, NY
19,792 posts, read 13,379,229 times
Reputation: 5661
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I posted a similar post in another thread but it fits here.
First, according to the CBO and private economists, the stimulus worked. It produced the exact amount of economic stimulus that $788 billion, spread out over two-years, with 40% of it tax-cuts, would achieve in a $13 trillion/yr. GDP. During 2007/2008, GDP dropped 6%. The stimulus mitigated some of that but was not large enough to reverse a 6% GDP drop.
Second, what some suggest is to lower spending to compensate for increasing deficits. But the deficits were caused by lower revenues and higher spending on the safety net -- unemployment benefits; Food Stamps; Medicaid, etc. In other words, the very programs that are needed the most in a recession. Cutting these programs in a recession, besides being cruel, is a macro economic prescription for deepening the Great Recession.
In addition, the U.S. is now paying the same amount of interest that it paid annually in 2006, even though the debt has doubled. The U.S. is well able to handle this burden at the current time but needs to address realistic revenues to pay the debt in the future.

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04-16-2012, 08:15 AM
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Location: The Beautiful Pocono Mountains
5,450 posts, read 8,442,582 times
Reputation: 2999
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Now I know for certain that Americans are much more capable of spending money much more wisely.
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04-16-2012, 08:21 AM
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29,409 posts, read 21,240,924 times
Reputation: 5450
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So the CBO and these economist think that these loons in Cali would have spent their own money to move that plant???
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04-16-2012, 08:41 AM
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23,839 posts, read 22,264,446 times
Reputation: 9406
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"Explaining the African Vote."
With my tax dollars?
I chose not to read any further. No need to. That's all I need to see to understand how ****ed this government and this nation is.
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04-16-2012, 08:47 AM
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Status:
"UnVaxxed Gas Stove User"
(set 23 days ago)
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42,631 posts, read 23,546,014 times
Reputation: 22552
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That's odd... whenever I access the Stimulus Watch website, my computer makes a sound like a flushing toilet
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