Day By Day September 17, 2010 – The Other Cheek
Have you seen how well the City of Los Angeles has done with their $111 Million in Obama Economic Stimulus funds?
Two Los Angeles departments have received $111 million in federal stimulus funds yet have created only 55 jobs so far, according to a pair of reports issued Thursday by City Controller Wendy Greuel.
The reports conclude that the agencies, Public Works and Transportation, moved too slowly in spending the federal money, in part because of the time it takes to secure approval of government contracts. The two agencies plan to create or retain a combined 264 jobs once all the money is spent, according to the reports.
With unemployment above 12%, city officials should move more urgently to cut red tape and spend the money, Greuel said. “The process needs to be changed to make sure we get these projects out as quickly as possible,” she said.
Yeah, that is right, waste more of the money that has been allocated. Spend it more quickly. Geeeez……
Remember, this is how “Big Government” rolls: $2 Million per job.
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