Money For Nothing, NH Stimulus Costs $8.32 Million Per Job
More good news about the Obama Stimulus having its “intended” effect. NH has received $416 million in stimulus funds thus far and has actually created jobs with the money. Unfortunately, the number of jobs created is a mere 50. Quite an accomplishment by the Granite State considering that since President Obama took office we have been losing jobs at the rate of 16,000 per day. But, remember President Obama is telling us that the stimulus is having its intended effect, so all is well. After such a stunning success with taking the money and creating jobs, you’d think NH would be boasting and showing off their magic job machine. However, as Ed Morrissey at Hot Air has pointed out< mums the word in NH.
More than $400 million in federal stimulus money has come to New Hampshire this year, and more is on the way.
The Office of Legislative Budget Assistant reported last week that $413.6 million made its way to the state under a list of programs that involve education, highways, environmental, health and human services, energy and law enforcement. …
So far, a total of 50 jobs have been created by the funding, 34 of them full time. The OES will be headed by a director whom Gov. John Lynch has not yet appointed. All five OES jobs are described as full-time temporary positions that will go out of existence in September 2011, the end of the federal fiscal year.
Now that’s job creation. I especially like the part about them being temporary full time posotions in government bureaucracies that will be eliminated when the federal money dries up.
What ever happened to the transparency and accountability promised by President Obama? Patrick Hynes at Now Hampshire points out the fallacy of transparency.
NowHampshire.com has repeatedly asked the state’s “stimulus czar” Orville “Bud” Fitch for up-to-date tallies of stimulus jobs created in New Hampshire. At the end of May, Fitch did not know. On June 26th, Fitch told Nowhampshire.com, “We are just now rolling out a reporting system to gather information from grant fund recipients.”
Once again, the the Federal Government is proving that the only thing it is efficient at is wasting our tax payers dollars. At $8.32 million per job they should all be summarily sent to the unemployment line.
July 14, 2009
Tags: Barack Obama, Corruption, Deficit, Democrat Congress, Financial Bailout, Financial Crisis, National Debt, NH, Porkulus, Stimulus, TARP, Unemployment Posted in: Economy, Politics, Taxes
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