Friday, September 17, 2010

Stimulus Money at Work

More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles city controller has released a 40-page report on how the city spent its share, and the results are not living up to expectations.

"I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," said Wendy Greuel, the city's controller. "With our local unemployment rate over 12 percent we need to do a better job cutting red tape and putting Angelenos back to work."

My Thoughts
When you put the government in the driver's seat regarding the economy, all you will get is waste and nothing gets done. Why should we expect anything different. We voted them into office.

Mid-term elections are almost here. Make sure you are registered and vote. I don't care if you are Republican or Democrat. Both parties should be ashamed for allowing things like this to occur. I am so tired of voting on the basis of choosing the lesser of two evils. I am looking for a conversatives who truly believe in small government and will work to reduce its size and influence in our lives.

For the full article, click here.

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