Friday, September 17, 2010

Jobs and Incompetent Democrats

I live in Southern California in what is commonly referred to as the Greater Los Angeles Area. Based on just about everything I've read, we've had it worse than most of the rest of the United States during the recent recession/depression. Between outright unemployment and underemployment (people now working part time for minimum wage) about 25% of all workers are in that category here, where I live. The official unemployment rate is about 12.5% but that excludes independent contractors, business owners and others who may be unemployed but who were not entitled to benefits as well as those who didn't find a job and whose benefits expired.

Today the Los Angeles Times disclosed that it received US$111,000,000.00 from the US$800 billion federal stimulus program, the American Recovery and Reinvestment Act (ARRA), that was designed to put people back to work.

The Times quotes, "I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," says Wendy Greuel, the city's controller, while releasing an audit report.

According to the report, the Los Angeles Department of Public Works generated only 45.46 jobs (the fraction of a job created or retained correlates to the number of actual hours works) after receiving $70.65 million, while the target was 238 jobs.

Similarly, the city’s department of transportation, armed with a $40.8 million fund, created only 9 jobs in place of an expected 26 jobs.

Is it any wonder that the nation is in decline?

Is it any wonder that the public is outraged?

The City of Los Angeles is run by the Democratic Party. I am not crying fraud, but I don't know how you could do much worse. If I had $111 million in cash, I guarantee that I could create 56 jobs -- just let me pocket the difference and the city would have one more job than it created by itself.

1 comment:

darlin said...

I would be outraged, this is totally unacceptable and it's time for someone to be held accountable for the dollars! I'm shaking my head in disbelief even though I know how the system is not in the best interest of all people, only a select few.

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