If you listen to the Marxists progressives on the far left, you would be left thinking that more and more spending by the government is the only way to stimulate the economy. They claim that building roads, bridges, trains, the very infrastructure that forms the backbone of this great land will create jobs, which in turn will generate consumer spending and pull us out of the quagmire we are in. Let government “prime the pump.” Well, if only it were that simple. You might want to sit down for this one:
CITY CONTROLLER RELEASES AUDITS OF HOW LOS ANGELES HAS USED FEDERAL STIMULUS MONEY
$111 Million in ARRA Funds Has Only Created 55 Jobs So Far
Continuing her efforts to ensure that taxpayer money is spent efficiently and effectively, City Controller Wendy Greuel released two audits today of how the City of Los Angeles has used American Recovery and Reinvestment Act (ARRA) funds. The audits looked at the how the two departments that have received the largest amount of ARRA funding so far – the Department of Transportation (LADOT) and the Department of Public Works (DPW) – have used those funds and how many jobs were created. Los Angeles becomes the largest City in America to conduct an audit of how ARRA funds have been expended.
DPW has received $70.65 million and created or retained 45.46 jobs, though they are expected to create 238 jobs overall (the fraction of a job created or retained correlates to the number of actual hours works). LADOT has been awarded $40.8 million and created or retained 9 jobs, though they are expected to create 26 jobs overall. Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.
Turn on the printing presses at the Treasury, we’re going to need it at this pace! 55 jobs! Nice job Obama.
The only way to ensure that we emerge from the depression in which we find ourselves is to restore confidence in the market. Restore confidence in small business. Restore confidence in the very people that can save us; the producers. Unleashing the brilliance and ingenuity of man will allow the God given talents and abilities shine. Confidence in the future is door we must open; liberty is the key that will unlock it.
The choice this November couldn’t be any clearer
The incompetence of the government is on full display with the rejection of the Dutch in the early days of the spill and then compounded by the tentacles that government wraps around everything. The rejection of the help from the Dutch is not the real story here, but rather the reasons why.
From the Financial Post (emphasis mine):
Why does neither the U.S. government nor U.S. energy companies have on hand the cleanup technology available in Europe? Ironically, the superior European technology runs afoul of U.S. environmental rules. The voracious Dutch vessels, for example, continuously suck up vast quantities of oily water, extract most of the oil and then spit overboard vast quantities of nearly oil-free water. Nearly oil-free isn’t good enough for the U.S. regulators, who have a standard of 15 parts per million — if water isn’t at least 99.9985% pure, it may not be returned to the Gulf of Mexico.
Enjoy the read!
In Tarrant Country near Dallas, TX, they are getting a first look at what Obamacare is going to look like. From the Dallas Morning News:
Tarrant County health officials began turning away people who did not meet the high-risk qualification to receive the swine flu vaccine at the W.G. Thomas Coliseum in Haltom City.
More than 1,000 people had waited in line, some as early as 10 p.m. Thursday, for the doors to open at 10 a.m. this morning. Officials were asking people who were not pregnant or a child with a chronic illness to leave. This swine flu clinic is Tarrant County’s first offering of vaccines to the public for free.
Screening started outside before 10 a.m., with people wearing vests emblazoned with “greeter” and asking each person about why they were there. A child with chronic illness got a yellow piece of paper. A pregnant woman got a white piece of paper. Someone who was neither got a sheet with instructions to leave and wait for another clinic.
Welcome to the world of rationing. The government began working with vaccine manufacturers to develop a vaccine in May, yet they find themselves ill prepared this fall when President Obama announced a National Emergency regarding H1N1.
Just think what will happen when there is a shortage of life saving drugs, blood, or even worse…doctors. Will the government begin rationing these as well?