Quote of the Day – master of understatement edition
But, I would guess, a pretty typical story:
"I’m disappointed that we’ve only created or retained 55 jobs after receiving $111 million," said Wendy Greuel, the city’s controller. "With our local unemployment rate over 12 percent we need to do a better job cutting red tape and putting Angelenos back to work." According to the audit, the Los Angeles Department of Public Works spent $70 million in stimulus funds — in return, it created seven private sector jobs and saved seven workers from layoffs. Taxpayer cost per job: $1.5 million.
Anyone – tell me again how efficiently government does things and how we should "trust" it with our money because it will always spend it wisely? This, as we’ve seen, isn’t the only wasteful spending of taxed and borrowed money under the supposed stimulus. We also have funded such things as a study (for $823,000) by a UCLA research team to teach uncircumcised African men how to wash their genitals after having sex.
Certainly "shovel ready" wouldn’t you say?