Friday, September 17, 2010

Why Jobs are Still Scarce after $800 billion Stimulus.

The stimulus plan that had set forward $800 billion for creating jobs was split so everyone could benifit from the plan. The tax payers are the people who have to pay for the $800 billion, so how it is spend should be let known. How many jobs were created, how much was spent for each job, and what were the jobs that were created. Los Angeles was given part of the stimulus, and only created 55 jobs, seven of these were private jobs, usuing 70 million dollars, and costing the tax payers 1.5 million per job. And the Department of Transportaion for Los Angeles only created nine jobs spending 40 million dollars, and costing tax payers 4.4 million per job.
I think that the taxpayers' money, our money, should be spent more wisely. The total share that Los Angeles had recieved from the Stimulus was 111 million dollars. This money only created 55 jobs. How can 111 million dollars only creat 55 jobs? If all of the people hired made 60,000 dollars a year that is only 3,300,000 dollars. That means 107.7 million dollars was wasted. Even if 100 jobs had been created, each person making 60,000 dollars a year would still be less than 111 million dollars. I think that who ever decided to spend the money the way they did should not be anywhere near the next lump of money if there ever is one. They clearly can not be trusted to do what is nessessary to provide jobs to those who need it. We must make sure that who ever is deciding what to do with our money should know exactly what they are doing or hold a vote of what to do with our money.

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