A state of recovery? Arizona edition.
In preparation for Vice President Biden’s visit today to Grand Canyon National Park in Arizona to discuss the American Recovery and Reinvestment Act (aka the “stimulus”) and Washington’s plan for the road ahead, below are some facts to consider:
Arizona’s share of the $862-billion “stimulus” bill awarded: $4,275,180,000
(=2.1% of the $202 billion that has already been given to states).
Arizona’s share of population = 2.1%
Arizona lost 80,300 jobs between February 2009 when the “stimulus” was enacted and June 2010.
For FY2011, Arizona’s estimated budget shortfall is $3.1 billion, as of 7/15/2010.
Example of “stimulus” spending:
Half a million dollars went to Arizona State University to study the genetic makeup of ants. University Of Arizona received $450,000 to study the division of labor in ant colonies.