With the new jobless numbers coming out...time to re-post the "stiumulus" in action.
http://strata-sphere.com/blog/index.php/archives/9009
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Quote:
Now as a deputized agent for oversight on this critical recovery program I can report that the stimulus job creation program is an abysmal failure. The following graph (click to enlarge) shows the status for those 6 federal entities I have been tracking as of 4/28/09:
I have been tracking the flow of money (or lack of therein) from weekly status reports provided by the government organizations. The first set of columns show the amount budgeted to the 5 departments and NASA. The second set of columns shows how much money as been allocated (obligated) to actual projects or programs. The final columns (if they could be seen) show the money disbursed into the economy.
3 months into the stimulus job creation effort the amount of money out the door verses allocated for these 6 entities is 0.03%:
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