Separately, the White House Thursday released a report estimating that 30,000 jobs have been directly created or saved by contractors who received money from the $787 billion stimulus package for infrastructure and social programs. Those companies had been awarded about $16 billion, of which they had spent $2 billion, by the beginning of this month, according to the report by the Recovery Accountability and Transparency Board, which oversees how the stimulus plan is carried out.
The Obama administration has labored to explain how the job numbers reported by contractors square with a projection from the Council of Economic Advisers that the overall package kept one million jobs in the economy in August that would otherwise have been lost.
labored... get it?
But 33,000 jobs? After all the hoopla and the sweeping rhetoric about how stimulus was going to be a "jolt to the economy" and all we have to show for it is 33,000 stinking jobs? Good grief. We predicted porkulus would be a flop but never in our wildest imagination did we expect it to be such the abject failure of monumental proportions that the numbers are revealing.
We suppose the good news is that we have only allotted $16 billion and have actually only blown through $2 bil of the $787 billion in porkulus. We can still pull the plug on this thing.
Anecdotal but certainly backed up now by the numbers: The picture above is representative of what we saw throughout Colorado on our roadie last month and what did these signs have to show for it?
C'mon BwD, you're just cherry-picking photos of workers just standing around?
We would be guilty of cherry-picking photos if there were some more actual workers out on the road. Nearly 150 miles of SR 470 and I-70 were littered with Warning: porkulus ahead signs and a grand total of 2 work crews (including the one pictured) were witnessed.