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Happy Stimulus Day!


flaps15

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A year ago, President Barack Obama staked his presidency on the Recovery Act: “I expect to be judged by results and ... I’m not going to make any excuses. If stuff hasn’t worked and people don’t feel like I’ve led the country in the right direction, then — you’ll have a new president.”

 

Please take Nancy with you.

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

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Flaptard you're entirely correct. We all wished we were living back in the good ole days of Bush II, especially 2007/2008 when Wall Street was panicking and our retirement accounts were disappearing faster than a neocon during a draft for the Army...

 

Don't you think blaming the former President is getting a little old and whiny? Your parroting of the "one" surly doesn't reinforce that pragmatic party image. You really should attempt to MoveOn, Progress, and extend a hand across the aisle to get things working again. Oh, and the name calling doesn't help your argument either.

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

God you're a stupid troll :( Reasonable people note most of the money hasn't been spent yet.

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Flaptard you're entirely correct. We all wished we were living back in the good ole days of Bush II, especially 2007/2008 when Wall Street was panicking and our retirement accounts were disappearing faster than a neocon during a draft for the Army...

 

Don't you think blaming the former President is getting a little old and whiny? Your parroting of the "one" surly doesn't reinforce that pragmatic party image. You really should attempt to MoveOn, Progress, and extend a hand across the aisle to get things working again. Oh, and the name calling doesn't help your argument either.

 

I'd also argue that Obama took ownership of the unemployment issue when he promised no more than 8% unemployment in exchange for the $787 billion stimulus package.

 

That wasn't a campaign promise, BTW, that was the President speaking.

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

God you're a stupid troll :( Reasonable people note most of the money hasn't been spent yet.

 

 

Read the first line of mine just below the quote, highlighted in red for your convenience.

 

Have a nice day fucknut.

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Obama hasn't fixed George's car either.

firefighters120208APEX_468x.jpg

 

Whaa..?

 

The people riding in a car with Bush drunk driving are now yelling at Obama for not getting the car out of the ditch.

 

wow, so this is a recent event? Because that auto appears to have UK plates and what you call a ditch appears to be more of a canyon. Maybe this is a parody, typical of Democrat's and their inaccuracies of blame? Liberal humor? Guess I'm not intellectual enough to get it.

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Obama hasn't fixed George's car either.

firefighters120208APEX_468x.jpg

 

Whaa..?

 

The people riding in a car with Bush drunk driving are now yelling at Obama for not getting the car out of the ditch.

 

wow, so this is a recent event? Because that auto appears to have UK plates and what you call a ditch appears to be more of a canyon. Maybe this is a parody, typical of Democrat's and their inaccuracies of blame? Liberal humor? Guess I'm not intellectual enough to get it.

 

Abstract thought isn't your strong point. That's ok, I'm sure you must be good at something.

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Obama hasn't fixed George's car either.

firefighters120208APEX_468x.jpg

 

Whaa..?

 

The people riding in a car with Bush drunk driving are now yelling at Obama for not getting the car out of the ditch.

 

wow, so this is a recent event? Because that auto appears to have UK plates and what you call a ditch appears to be more of a canyon. Maybe this is a parody, typical of Democrat's and their inaccuracies of blame? Liberal humor? Guess I'm not intellectual enough to get it.

 

Abstract thought isn't your strong point. That's ok, I'm sure you must be good at something.

 

Actually abstract thought is one of my strong points. Care to explain why you believe that blaming the last administration is gonna make the present administration any smarter?

Why the big rush a year ago to pass a bill that was wildly expensive and only a third of which has been spent today was such a brilliant move? Don't forget the pork and saddling your grandchildren's, grandchildren with debt no one in history on this scale has signed into law. C'mon you can do it. Maybe a picture from France with some guys out wild boar hunting?

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Interesting calculation.

 

But doesn't that mean that you are assuming that the all the infrastructure (roads, bridges, etc) being built by the workers filling those jobs are worth exactly zero dollars? Does that really seem like a reasonable assumption?

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Interesting calculation.

 

But doesn't that mean that you are assuming that the all the infrastructure (roads, bridges, etc) being built by the workers filling those jobs are worth exactly zero dollars? Does that really seem like a reasonable assumption?

Honest question Why are the majority of the funds scheduled for release in 2011 and 12, If they truely want to create jobs why wait until Obama is running for reelection?

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Interesting calculation.

 

But doesn't that mean that you are assuming that the all the infrastructure (roads, bridges, etc) being built by the workers filling those jobs are worth exactly zero dollars? Does that really seem like a reasonable assumption?

Honest question Why has the majority of the funds scheduled for release in 2011 and 12, If they truely want to create jobs why wait until Obama is running for reelection?

 

1. How long do you think that it takes to plan, design, and put a major infrastructure project out to bid?

2. What do you think happens to an economy if there is a bucket load of public spending in Year 1 to pull it out of a recession, and that spending is cut to zero in Year 2?

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Flaptard you're entirely correct. We all wished we were living back in the good ole days of Bush II, especially 2007/2008 when Wall Street was panicking and our retirement accounts were disappearing faster than a neocon during a draft for the Army...

 

Don't you think blaming the former President is getting a little old and whiny? Your parroting of the "one" surly doesn't reinforce that pragmatic party image. You really should attempt to MoveOn, Progress, and extend a hand across the aisle to get things working again. Oh, and the name calling doesn't help your argument either.

 

 

Saylourbuttboy blames Bush for starting a war in Iraq that killed his son..........Oh wait....No, he lied about that! <_<

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Interesting calculation.

 

But doesn't that mean that you are assuming that the all the infrastructure (roads, bridges, etc) being built by the workers filling those jobs are worth exactly zero dollars? Does that really seem like a reasonable assumption?

Honest question Why are the majority of the funds scheduled for release in 2011 and 12, If they truely want to create jobs why wait until Obama is running for reelection?

 

easy answer - can't spend it that fast and if you did it wouldn't be prudent. Relax the democratic party is in charge - history tells us they are much better leaders of our economy than the regressives...

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Interesting calculation.

 

But doesn't that mean that you are assuming that the all the infrastructure (roads, bridges, etc) being built by the workers filling those jobs are worth exactly zero dollars? Does that really seem like a reasonable assumption?

Honest question Why has the majority of the funds scheduled for release in 2011 and 12, If they truely want to create jobs why wait until Obama is running for reelection?

 

1. How long do you think that it takes to plan, design, and put a major infrastructure project out to bid?

2. What do you think happens to an economy if there is a bucket load of public spending in Year 1 to pull it out of a recession, and that spending is cut to zero in Year 2?

Didn't Obama target shovel ready infrastructure? They sure as hell took credit for every road repaving in my area - even projects that were already in the works suddenly had green signs crediting the American recovery and reinvestment act.

 

I agree on the bucket load all in one year, but in this case it is back loaded which makes no sense if your goal was to create jobs NOW.

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

 

 

You don't think that we need to rebuild any roads or bridges?

 

PH2007080301058.jpg

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

 

You don't think that we need to rebuild any roads or bridges?

 

PH2007080301058.jpg

 

So you're argument was that it was better to spend the stimulus on pork projects than it would have been to drop a load of cash on millions of Americans?

 

How many of the projects that were done would have been done anyway? I suspect your failed bridge was already going to be replaced through a combination of existing local, state, and Federal highway funds.

 

Hroth

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

I'm thinking...

 

1) The $200K/job is a bullshit number. The money wasn't given to workers to stand there with their hands in their pockets, it was put into projects...with supplies needed, machinery, maintenance, fuel, etc. etc.

 

2) Giving me an extra 10K back from my taxes would have been nice, but would not have changed my spending for 2009 one iota. I do not need a new TV, car, boat, or any durable goods. I am already spending close to $30K on home renovations and I am doing everything I feel I need to do to get my house marketable, I've already bought the electronics I am upgrading the boat with and I wouldn't buy any more because I got what I think I need. Don't need any sails. Probably would have ended up in my E*Trade account, ploughed into more stocks that were in the shitter. Stimulus value: 0.00

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Biden: US got 'money's worth' from stimulus act
(AP) – 1 hour ago

 

WASHINGTON — Vice President Joe Biden asserted in an interview Wednesday that taxpayers have "gotten their money's worth" out of the
$787 billion
stimulus program that Congress passed during the depths of the recession.

 

In an interview broadcast on CBS's "The Early Show," Biden defended the program against accusations by Republicans critics that it hasn't been the job-manufacturing machine the administration promised to the American people.

 

He argued that money invested in both private and public-sector initiatives has
saved as many as 2 million jobs
, and said, "I don't think they realize it." Biden said the program, now a year old, was designed to be implemented in two stages, saying
"we've only been halfway through the act.
"

 

 

 

Assuming the top end is 2 million jobs saved and the other half of the spending saves another 2 million, that's about $200,000 per job. That doesn't pass the "money's worth" test.

 

The job-manufacturing machine the Administration promised to the American people was to keep the unemployment rate at below 8%.

 

BTW - That $787 billion is substantially more after taking into account the interest to borrow it.

 

Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

I'm thinking...

 

1) The $200K/job is a bullshit number. The money wasn't given to workers to stand there with their hands in their pockets, it was put into projects...with supplies needed, machinery, maintenance, fuel, etc. etc.

 

2) Giving me an extra 10K back from my taxes would have been nice, but would not have changed my spending for 2009 one iota. I do not need a new TV, car, boat, or any durable goods. I am already spending close to $30K on home renovations and I am doing everything I feel I need to do to get my house marketable, I've already bought the electronics I am upgrading the boat with and I wouldn't buy any more because I got what I think I need. Don't need any sails. Probably would have ended up in my E*Trade account, ploughed into more stocks that were in the shitter. Stimulus value: 0.00

 

1) Agree the $200K number probably doesn't account for purchases of durable goods and other stuff and so is probably inflated. But...you wonder how many of the 'saved' jobs are still around in the winter if there is no construction going on. I suspect many are now laid off and drawing unemployment at least until spring so that would make the number look worse.

 

2) I think for every one of you or me, there are 20 who would have done exactly what I laid out...but probably with much less savings or debt retirement.

 

Hroth

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Lets see, population of the U.S. is 305,529,237. Stimulus was $787,000,000,000.

 

So that is $2,575.86 per person. Probably a little higher if you removed illegals from the population figure.

 

Methinks a better approach would have been to give that to each family based on 2008 taxes.

 

With an extra $10,000 cash gift in pocket for many families of 4, then I suspect you would really have seen some economic activity...split evenly between savings, investing, and purchases.

 

No, $200,000 per job 'saved' was not worth it.

 

Hroth

 

That of course depends upon whether you think the best benefit comes from spending the money on roads, airports, schools, broadband infrastructure and the like, or on made-in-china flat screen TVs

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The Energy folks did tell ABC they've so far spent $522 million Recovery Act dollars on the program. So, let's see, about 9,100 homes divided into that chunk of stimulation change to believe in is --
gee!
-- about $57,362 worth of very expensive weatherstripping for each home fixed up so far
.

That's just incredible.

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The Energy folks did tell ABC they've so far spent $522 million Recovery Act dollars on the program. So, let's see, about 9,100 homes divided into that chunk of stimulation change to believe in is --
gee!
-- about $57,362 worth of very expensive weatherstripping for each home fixed up so far
.

That's just incredible.

 

I dunno, I'm not in the construction business but.. Case of caulk 30.00? A Days labor 8hr @ 45.00/hr? Thats not even close to a thousand per home. Maybe I'm just not Organized enough.

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The Energy folks did tell ABC they've so far spent $522 million Recovery Act dollars on the program. So, let's see, about 9,100 homes divided into that chunk of stimulation change to believe in is --
gee!
-- about $57,362 worth of very expensive weatherstripping for each home fixed up so far
.

That's just incredible.

 

I dunno, I'm not in the construction business but.. Case of caulk 30.00? A Days labor 8hr @ 45.00/hr? Thats not even close to a thousand per home. Maybe I'm just not Organized enough.

 

I think if you move the decimal one spot to the right on each of those figures you might get close...this is after all a govmint program with preference given to union labor no doubt.

 

With that calcuation it some to...ooop...still not close

 

Hroth

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One for the non-reality impaired: Judging Stimulus by Job Data Reveals Success

 

Imagine if, one year ago, Congress had passed a stimulus bill that really worked.

 

Let’s say this bill had started spending money within a matter of weeks and had rapidly helped the economy. Let’s also imagine it was large enough to have had a huge impact on jobs — employing something like two million people who would otherwise be unemployed right now.

 

If that had happened, what would the economy look like today?

 

Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren’t hypothetical. They are descriptions of the actual bill.

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One for the non-reality impaired: Judging Stimulus by Job Data Reveals Success

 

Imagine if, one year ago, Congress had passed a stimulus bill that really worked.

 

Let's say this bill had started spending money within a matter of weeks and had rapidly helped the economy. Let's also imagine it was large enough to have had a huge impact on jobs — employing something like two million people who would otherwise be unemployed right now.

 

If that had happened, what would the economy look like today?

 

Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren't hypothetical. They are descriptions of the actual bill.

 

I won't argue that the stimulus bill hasn't helped. At $57,000 to green a house, someone's getting paid to do the work. I'm just concerned that there appears to be little accountability. Perhaps better management of the stimulus funds might have resulted in 4 or 5 or even 6 million jobs.

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CHANGE: Feb 17, 2009: Stimulus will create 109,000 MI jobs!

 

Feb 17, 2010: MI lost 162,000+ jobs since

 

 

The stimulus bill no one was allowed time to read before Pelosi Reid Obama pushed it through is filled with the usual bribes payoffs and will produce the usual waste graft fraud and corruption but do little else except expand government temporarily and increase the debt and real source of the problems .

 

 

 

 

http://theblogprof.blogspot.com/2010/02/fe...ate-109000.html

 

 

All this debt that we are assuming will simply not help. What is being done right now is what led to Japan's "lost decade." It also deepened and lengthened the Great Depression...

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

Tax relief, right.

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

Tax relief, right.

 

The Real world is soooo inconvenient.

 

 

Investmentbubble.jpg

 

 

Tax cuts for individuals

Total: $237 billion

  • $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.
  • $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.
  • $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
  • $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
  • $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.
  • $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
  • $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
  • $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
  • $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.

 

Tax cuts for companies

Total: $51 billion

  • $15 billion: Allowing companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds.
  • $13 billion: to extend tax credits for renewable energy production (until 2014).
  • $11 billion: Government contractors: Repeal a law that takes effect in 2012, requiring government agencies to withhold three percent of payments to contractors to help ensure they pay their tax bills. Repealing the law would cost $11 billion over 10 years, in part because the government could not earn interest by holding the money throughout the year.
  • $7 billion: Repeal bank credit: Repeal a Treasury provision that allowed firms that buy money-losing banks to use more of the losses as tax credits to offset the profits of the merged banks for tax purposes. The change would increase taxes on the merged banks by $7 billion over 10 years.
  • $5 billion: Bonus depreciation which extends a provision allowing businesses buying equipment such as computers to speed up its depreciation through 2009.

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There's apparently some sort of 'tally' being made of the official press releases of Republican House members that have publically - as in while they're in Washington - denounced the stimulus as terrible, ineffectual, and wasteful while back at their districts, they're proudly handing out checks that promote job growth, establish and improve business climate, and help the needy.

 

The number is up to 111 as of yesterday. I guess it's suppose to be released in a week or two once they're done going through the records.

 

Hipocracy is as Hipocracy does.

 

To me, that's really the source of the "Tea Party" frustration. Stop lying to me.

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill's $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

One can favor tax cuts and still demand accountability for the ROI on the other 2/3.

 

At least with the tax cuts individuals or businesses got to decide whether to save, reinvest, pay down debt, or blow the money on something extravagant. I doubt, however, anyone used their tax credits to pay 10 times market value for home improvements.

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

The first time home buyers credit that is actually an extension of existing tax incentives is about to expire in Ap --just when the season begins -- oops Od again

 

there is a 500 per person refundable tax credit --that is the only main one --the rest are minor specifically targeted to education etc .

 

something about a tax credit for biz that hire --but if you have no economy or demand -new jobs are not not possible .

 

 

 

None of the so called tax incentives or "cuts" really mean much and little or nothing is trickling down from bloated corrupt government where most of the money went .

 

There is nothing of substance for small biz which creates most new industries and jobs --if anything the politicians in power are destroying more due to inept confused policies and bad laws they enact

 

 

more questionable science too

 

THE RIPPLE EFFECTS OF FEDERAL ACTION:

 

 

On April 18, the Bumble Bee Foods sardine cannery in Gouldsboro, Maine will close and 128 people will lose their jobs. That may not sound like a large number, but Gouldsboro is a small town, with a population of only 1,941 as of the 2000 census. So the jobs lost represent 6% of the town’s total population. To a community that small, that’s a stunning blow.

 

The jobs lost in Gouldsboro are not the fault of the financial crisis, or the continuing recession. They are the direct result of a decision made by the federal government.

http://hotair.com/archives/2010/02/17/the-...n-a-case-study/

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One for the non-reality impaired: Judging Stimulus by Job Data Reveals Success

 

Imagine if, one year ago, Congress had passed a stimulus bill that really worked.

 

Let's say this bill had started spending money within a matter of weeks and had rapidly helped the economy. Let's also imagine it was large enough to have had a huge impact on jobs — employing something like two million people who would otherwise be unemployed right now.

 

If that had happened, what would the economy look like today?

 

Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren't hypothetical. They are descriptions of the actual bill.

 

I won't argue that the stimulus bill hasn't helped. At $57,000 to green a house, someone's getting paid to do the work. I'm just concerned that there appears to be little accountability. Perhaps better management of the stimulus funds might have resulted in 4 or 5 or even 6 million jobs.

 

Is there any particular reason that you would believe a number that was provided by someone who was part of Bush Administration?

 

How are we doing on finding those WMDs, anyways?

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill's $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

One can favor tax cuts and still demand accountability for the ROI on the other 2/3.

 

At least with the tax cuts individuals or businesses got to decide whether to save, reinvest, pay down debt, or blow the money on something extravagant. I doubt, however, anyone used their tax credits to pay 10 times market value for home improvements.

 

And I doubt that work funded out of theStim did that either.

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Democrats initially sold the Recovery Act as an attempt to resuscitate an economy on the brink of collapse. But a year later critics contend a large slice of the bill’s $500 billion in spending has been used to bolster federal programs that appeal to liberal interest groups. -G. Nagesh

 

Deja vu?

 

Yeah, like that $282 Billion (roughly 1/3rd of the total cost of the act) spent on tax relief. Very liberal that.

 

Tax relief, right.

 

The Real world is soooo inconvenient.

 

 

Investmentbubble.jpg

 

 

Tax cuts for individuals

Total: $237 billion

  • $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.
  • $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.
  • $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
  • $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
  • $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.
  • $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
  • $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
  • $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
  • $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.

 

Tax cuts for companies

Total: $51 billion

  • $15 billion: Allowing companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds.
  • $13 billion: to extend tax credits for renewable energy production (until 2014).
  • $11 billion: Government contractors: Repeal a law that takes effect in 2012, requiring government agencies to withhold three percent of payments to contractors to help ensure they pay their tax bills. Repealing the law would cost $11 billion over 10 years, in part because the government could not earn interest by holding the money throughout the year.
  • $7 billion: Repeal bank credit: Repeal a Treasury provision that allowed firms that buy money-losing banks to use more of the losses as tax credits to offset the profits of the merged banks for tax purposes. The change would increase taxes on the merged banks by $7 billion over 10 years.
  • $5 billion: Bonus depreciation which extends a provision allowing businesses buying equipment such as computers to speed up its depreciation through 2009.

 

Chuck, most of those credits don't get paid until after you file your return. That's money that wasn't being spent in 2009.

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One for the non-reality impaired: Judging Stimulus by Job Data Reveals Success

 

Imagine if, one year ago, Congress had passed a stimulus bill that really worked.

 

Let's say this bill had started spending money within a matter of weeks and had rapidly helped the economy. Let's also imagine it was large enough to have had a huge impact on jobs — employing something like two million people who would otherwise be unemployed right now.

 

If that had happened, what would the economy look like today?

 

Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren't hypothetical. They are descriptions of the actual bill.

 

I won't argue that the stimulus bill hasn't helped. At $57,000 to green a house, someone's getting paid to do the work. I'm just concerned that there appears to be little accountability. Perhaps better management of the stimulus funds might have resulted in 4 or 5 or even 6 million jobs.

 

Is there any particular reason that you would believe a number that was provided by someone who was part of Bush Administration?

 

How are we doing on finding those WMDs, anyways?

 

 

 

I'm not making the connection between Bush, WMD, and $57,000 greening per home.

 

Can you help me out with that?

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One for the non-reality impaired: Judging Stimulus by Job Data Reveals Success

 

Imagine if, one year ago, Congress had passed a stimulus bill that really worked.

 

Let's say this bill had started spending money within a matter of weeks and had rapidly helped the economy. Let's also imagine it was large enough to have had a huge impact on jobs — employing something like two million people who would otherwise be unemployed right now.

 

If that had happened, what would the economy look like today?

 

Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren't hypothetical. They are descriptions of the actual bill.

 

I won't argue that the stimulus bill hasn't helped. At $57,000 to green a house, someone's getting paid to do the work. I'm just concerned that there appears to be little accountability. Perhaps better management of the stimulus funds might have resulted in 4 or 5 or even 6 million jobs.

 

Is there any particular reason that you would believe a number that was provided by someone who was part of Bush Administration?

 

How are we doing on finding those WMDs, anyways?

 

 

 

I'm not making the connection between Bush, WMD, and $57,000 greening per home.

 

Can you help me out with that?

 

Your $57,000 number was made up by a former Bush administration spokesperson.

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Your $57,000 number was made up by a former Bush administration spokesperson.

Much like the numbers of "saved" jobs made up by Biden and the rest of the administration.

 

No, not really.

 

Then why did the administration give 3 different numbers on 3 different Sunday shows a couple of weeks ago? How do you judge whether a job was "saved" by the stimulus package? Those numbers are pulled out of their collective asses.

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Your $57,000 number was made up by a former Bush administration spokesperson.

Uh oh. We've got a "Blaming Bush" on Aisle 2!

image-122C_4B7D7942.gif

 

No, not really.

 

Just saying that if a number that comes from a Bush flunky seems "incredible," well, then, there's probably a damn good reason for that.

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I'm not making the connection between Bush, WMD, and $57,000 greening per home.

 

Can you help me out with that?

 

Your $57,000 number was made up by a former Bush administration spokesperson.

 

 

 

A former Bush admin spokesperson knows how to gather facts and use a calculator.

 

Only 9,100 homes had been weatherized nationwide as of Dec. 31, according to the new report by the Government Accountability Office, to be released Thursday......

 

 

......About $522 million Recovery Act dollars have been spent so far on weatherization

ABC News

 

Punch the numbers yourself.

 

Whatever you do, don't use the White House calculator, that thing's been on the fritz for a little over a year now.

 

Just saying that if a number that comes from a Bush flunky seems "incredible," well, then, there's probably a damn good reason for that.

 

Nice of you to admit that the cost per house is incredible and I look forward to sharing your outrage.

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Main Entry: in·cred·i·ble

Pronunciation: \(ˌ)in-ˈkre-də-bəl\

Function: adjective

Etymology: Middle English, from Latin incredibilis, from in- + credibilis credible

Date: 15th century

1 : too extraordinary and improbable to be believed

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Here is the GAO report.

 

The 522 million dollar number doesn't appear anywhere in the GAO report, but looking at the DOE website it looks like maybe it refers to all weatherization, not just weatherization under the recovery act (DOE had an existing program that was weatherizing over 100,000 homes a year).

 

So it kind of looks like someone took apples and divided them by oranges.

 

Now why would someone do that? What could possibly be his motivation?

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See, Blaming Bush Blaming Bush Blaming Bush!

 

 

Edit: any use of the term "Bush" that does not include "Best President Ever" means that you are blaming Bush.

 

Dammit Sol, I blame you.

I have it on good authority that it's not my fault.

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Here is the GAO report.

 

The 522 million dollar number doesn't appear anywhere in the GAO report, but looking at the DOE website it looks like maybe it refers to all weatherization, not just weatherization under the recovery act (DOE had an existing program that was weatherizing over 100,000 homes a year).

 

So it kind of looks like someone took apples and divided them by oranges.

 

Now why would someone do that? What could possibly be his motivation?

 

Page 16 of the GAO report -

According to data available to Energy, as of December 31, 2009, about 9,100 homes had been weatherized out of a planned 593,000.

 

About $522 million Recovery Act dollars have been spent so far on weatherization, or about 10 percent of the $5 billion set aside for the program, the Department of Energy said.
Link

 

 

ABC news used both numbers in the same article. The article was written by award winning journalist Jonathan Karl, ABC News Senior Congressional Correspondent.

 

You have a problem with Jonathan Karl?

 

Give it up already. You're fighting a losing battle.

 

Read up on why it cost so much and so little was accomplished the first year. Another tragic story of Gov't getting in it's own way.

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Here is the GAO report.

 

The 522 million dollar number doesn't appear anywhere in the GAO report, but looking at the DOE website it looks like maybe it refers to all weatherization, not just weatherization under the recovery act (DOE had an existing program that was weatherizing over 100,000 homes a year).

 

So it kind of looks like someone took apples and divided them by oranges.

 

Now why would someone do that? What could possibly be his motivation?

 

Page 16 of the GAO report -

According to data available to Energy, as of December 31, 2009, about 9,100 homes had been weatherized out of a planned 593,000.

 

About $522 million Recovery Act dollars have been spent so far on weatherization, or about 10 percent of the $5 billion set aside for the program, the Department of Energy said.
Link

 

 

ABC news used both numbers in the same article. The article was written by award winning journalist Jonathan Karl, ABC News Senior Congressional Correspondent.

 

You have a problem with Jonathan Karl?

 

Give it up already. You're fighting a losing battle.

 

Read up on why it cost so much and so little was accomplished the first year. Another tragic story of Gov't getting in it's own way.

 

Here we go.

 

Your ABC article links to another ABC article that explains that the DOE has sent money to the states, but the states HAVEN'T SPENT THE MONEY. In fact, the title of the article is actually: Stimulus Money for Weatherization Goes Unspent

 

So the DOE did not spend 500 million dollars weatherizing 9,000 houses. That's bullshit.

 

The DOE sent money (maybe 500 million dollars) to the states, which have not spent the money yet for various bureaucratic reasons. So the money is still sitting there waiting to be used to weatherize a bucketload more houses as soon as the red tape gets unsnarled. In other words, the 500 million dollars is going to weatherize a lot more than 9,000 houses once it gets used.

 

Sheesh.

 

"Incredible" indeed.

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