Wednesday Waste: 55 jobs created at a cost of $2M – each
55 jobs created at a cost of $2 million — each.
Last week, Los Angeles City Controller, Wendy Greuel, published a press release outlining the use of $111 million in federal “stimulus” money by the Los Angeles Public Works and Transportation agencies.
While we applaud this effort at transparency, the irresponsible, wasteful choices it reveals cannot be overlooked.
The following is the most concerning excerpt from Greuel’s report:
Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.
The Los Angeles Times details the criticism Greul’s report has attracted, notably from Los Angeles City Administrative Officer, Miguel Santana.
Santana would not comment on the audit but offered a newer set of figures for stimulus spending citywide, which were sharply different from Greuel’s.
Santana’s report said that in June, stimulus dollars helped the city create or retain 936 jobs. “And we’ve only spent 13% of what we’ve received,” he said.
Greuel said in response that she spoke with Santana on Thursday and that he did not disagree with the data contained in her audit.
The mind boggles. With the possibility of a second “stimulus” on the horizon, one has to wonder why: 1) American taxpayers would want to give more of their money for “stimulus” when the current package has proven both ineffective and grossly wasteful; 2) if a city with a “stagnate” economy, such as LA, has spent only 13% of their take from the last “stimulus,” why on earth would anyone think it would help to send them even more money?