Thursday, March 29, 2012

The Stimulus and the jobs created from it, here are the facts

275,096,227,794.00 has been awarded from Feb 17, 2009 thru Dec 31, 2011

Jobs created: 212,107
http://www.recovery.gov/pages/textview.aspx?data=recipientHomeMap

Hmmm, where did the other 600 billion go? It's not on the website. well it is, on another page.

Total Funds Allocated:
$840 Billion

http://www.recovery.gov/Transparency/fundingoverview/Pages/fundingbreakdown.aspx

Estimated American Recovery and Reinvestment Act tax, entitlement, and contract, grant, and loan expenditures have been increased from $787B to $840B to be consistent with the President's 2012 budget and with scoring changes made by the Congressional Budget Office since the enactment of the Recovery Act in February 2009.

Highlights
Individual Tax Credits
$136.3B Includes:
First-Time Homebuyers. Transportation Subsidy. Education benefits. Earned Income Tax Credits

Unemployment Insurance Programs
$61.0B

Tax Benefits" $299.8 billion
Contracts, Grants and Loans" $226.3 billion
Entitlements" $220.8 billion

Manufacturing & Economic Recovery, Infrastructure Refinancing, Other
$10.2B
Tax-exempt bonds to expand industrial development. Bonds for investment in Infrastructure, job training, and education in high unemployment areas. Increased available New Market credits

212,107 "Jobs Created" Anyone read the BLS data, how many jobs did the private sector create.......JUST LAST MONTH?

BLS 227,000 in February.
Go, read, learn about your wonderful progressive Keynesian government and how it saved us from going into a depression!


http://www.recovery.gov/Transparency/fundingoverview/Pages/fundingbreakdown.aspx
After reading this data and looking at the pitiful results that $840 BILLION bucks got us I am certainly depressed.

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