Wow, That Stimulus Plan Is Working Great!
By Wyatt Earp | July 14, 2009
Remember that “stimulus plan” that President Obama put together? Yeah, the one he said would create new jobs and save current ones? You know, the one that cost just under $1 trillion?
Well, we’re finally seeing results . . .
With the entire nation wondering at the effectiveness of a stimulus package that has resulted in not saving 2 million jobs thus far, the data on job creation has finally begun to arrive. In New Hampshire, which got $416 million dollars, officials have proudly announced that the money has created jobs — 50 of them, to be exact. Only 34 of them are full time:
Hey, I didn’t say we were receiving good results.
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.
50 freakin’ jobs. Wow, good show, Mr. President!
You read that right. The stimulus package in New Hampshire has created 50 temp jobs, apparently all of them bureaucrat positions, and none of them permanent. The Office of Economic Stimulus (OES) employs five of those people, and when the governor appoints the director, that position will pay a $110,000 salary, plus benefits.
Roughly speaking, those 50 jobs cost the American taxpayer $8.32 million per position. If we calculate part-time positions as one-half of a full-time job, the cost per full-time job would be $9.9 million. At that rate, the $787 billion Porkulus package should generate about 79,495 jobs across America — or about what we lose today by 1:37 pm in new unemployment claims. And of course, all of those would last only as long as the stimulus money kept coming to fund them. (H/T – Hot Air)
Hmm, I wonder if Obama will be discussing this success abysmal failure during tonight’s All-Star Game?
Topics: Politics | 10 Comments »
July 14th, 2009 at 10:03 am
“These are not the ones you are looking for, we are free to go … “
July 14th, 2009 at 10:17 am
Oh, wow – I think I move to New Hampshire !
July 14th, 2009 at 10:24 am
Hopenchange folks, hopenchange…
July 14th, 2009 at 11:03 am
Oh well guess they wont be able to spare enough stimulus to pay for some good pitchers here in Cleveland
Good news is that Bluedog Democrats are defecting from the ‘liberal’ wing of their side. We should welcome them back to America.
July 14th, 2009 at 11:43 am
But look at all of the government jobs created.
Shakes head.
July 14th, 2009 at 1:50 pm
With a trillion dollars in debt, we need to have Barack and the czars paint the White House red. Maybe then all his kool-aid drinkers will realize this country is drowning in red ink. Besides, those idiots would earn their keep for a hopenchange.
July 14th, 2009 at 3:17 pm
I know Randal can put a great spin on this one.
July 14th, 2009 at 10:23 pm
He did, but I think it was supposed to be a joke…
July 15th, 2009 at 7:25 am
Hi all, Chris C from Radioactive Liberty…I really should visit here more often because you have a hell of a blog.
I am a resident of NH and we are not feeling very stimulated economically despite the wicked awesome creation of 50 jobs.
I don’t understand why the state’s economy is not back on track. We should be rolling along with these job creation numbers.
And don’t even get me started on Lynch who campaigned against gay marriage despite the fact he signed it into law last month.
All we need is a sales and income tax and NH will be Massachusetts North.
July 15th, 2009 at 6:08 pm
Doghouse – “Your buying power is weak, old man.”
The Girl – Can I hitch a ride?
BobG – Change happens. Yeah, it certainly did.
Jon – Damn, the Tribe needs pitchers. Cliff Lee can’t do it all. (Yes, I like the Indians.)
Rick – Big government means big jobs. Blecch!
MeToo – I think they know, but a lot of people don’t care . . . yet.
Admiral – Again, he knows. Believe me, buyer’s remorse will set in soon with a lot of Obama voters.
CM – It was supposed to be, but didn’t exactly go over well. Go figure.
Chris – Thanks for stopping by. I think that if someone goes against a campaign platform, they should be immediately be subjected to an impeachment trial.
Of course, no one listens to me. I told everyone to surround America with the wall from Escape from New York. Nobody listened.