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http://www.foxnews.com/politics/201...ficial-disappointed-city-used-stimulus-funds/
Excerpts from Fox News:
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."
"I would say maybe in a grade, a B- in creating the jobs," Greuel told Fox News. "They have started to spend those dollars but it took seven months to get some of those contracts out. We think in the city that we should move quickly and not in the same usual bureaucratic ways
http://www.msnbc.msn.com/id/39230385
And this From MSNBC:
Despite lingering unemployment, audits released by the Los Angeles city controller found that two departments that received $111 million in federal stimulus dollars have only created 55 jobs so far.
Greuel, who is expected to examine other city agencies that received federal stimulus dollars, told the Times she spoke with Santana on Thursday and said that he did not dispute the data in her audit.
_______________________________-
OK, so here's my question: $111 = 55 in created or saved jobs = a B-........ What kind of curb are they grading themselves on? And why couldn't my teachers throughout my life have used the same kind of curve?
Excerpts from Fox News:
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."
"I would say maybe in a grade, a B- in creating the jobs," Greuel told Fox News. "They have started to spend those dollars but it took seven months to get some of those contracts out. We think in the city that we should move quickly and not in the same usual bureaucratic ways
http://www.msnbc.msn.com/id/39230385
And this From MSNBC:
Despite lingering unemployment, audits released by the Los Angeles city controller found that two departments that received $111 million in federal stimulus dollars have only created 55 jobs so far.
Greuel, who is expected to examine other city agencies that received federal stimulus dollars, told the Times she spoke with Santana on Thursday and said that he did not dispute the data in her audit.
_______________________________-
OK, so here's my question: $111 = 55 in created or saved jobs = a B-........ What kind of curb are they grading themselves on? And why couldn't my teachers throughout my life have used the same kind of curve?
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