Stimulus
Environmentally Smart Seattle an Excellent Example of the Failure of Green Politics/Stimulus
This from Gateway Pundit:
Part of that plan was to dump millions into poor inner city neighborhoods to weatherize homes and create jobs. Now we know that two years later the program was a complete bust. …But it was successful in redistributing cash from American producers to the inner city.
KOMO reported:
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.
“The jobs haven’t surfaced yet,” said Michael Woo, director of Got Green, a Seattle community organizing group focused on the environment and social justice.
“It’s been a very slow and tedious process. It’s almost painful, the number of meetings people have gone to. Those are the people who got jobs. There’s been no real investment for the broader public.”
(Megyn Kelly Back from Maternity Leave) The Vision of the Left vs. Right = More or Less/Bigger or Smaller Government
The Hammer Weighs In: `The Way it Worked in 09 and in 10`
Stimulus Spending Two Years Later
Some of your stimulas dollars at work
- Paid for by Stimulus Funds brought to you by the Democrat Party USA and Washington State Democrat Governor Christine Gregoire.
QE2 for DUMMIES (plus Fox News Business)
Inflation Warning (QE2)
I missed this one
Rush Limbaugh on the FED Printing Money (QE2: Another Stimulus that bypasses voting)
Blockhead!
From Green Hell blog:
The report covers some $7.5 billion spent to create about 27,400 jobs — as best as can be gleaned from the report, including giving the projects the benefit of doubt when the jobs figures are unclear.
That works out to about $273,723 per job.
The top ten egregious projects described in the report are:
- $4.38 million/job to build an elevated highway in Tampa, Florida. (Project #14 in the report)
- $3.67 million/job to rehabilitate the 107-year old Atlantic Avenue Viaduct in New York City. (Project #27)
- $2.91 million/job to provide broadband service in western Kansas. (Project #38)
- $1.87 million/job to seismically retrofit the San Francisco-Oakland Bay Bridge. (Project #37)
- $1.46 million/job to rehabilitate the Staten Island Ferry Terminal. (Project #19)
- $1.39 million/job to install smart meters in Chattanooga, TN. (Project #51)
- $1.02 million/job to conduct cancer research. (Project #2)
- $985,000/job to install solar panels at the Denver Federal Center. (Project #41)
- $967,000/job to build houses/roads in Nevada County, CA. (Project #30)
- $940,000/job to widen I-94 in Wisconsin. (Project #10)
Applying the outrageous average cost/job for these 100 projects to the $787 billion stimulus plan means that the Recovery Act should have produced 2.88 million jobs. However since the Recovery Act, we’ve actually lost about 2.5 million jobs.
Recovery Act? Indeed. The nomenclature is reminiscent of Chairman Mao’s own “recovery” program — the Great Leap Forward.