James Pethokoukis
Political Risk
Maybe this is why the stimulus isn’t creating tons of jobs yet
Here is what the Government Accounting Office is saying about the progress of stimulus spending:
Across the United States, as of June 19, 2009, Treasury had outlayed about $29 billion of the estimated $49 billion in Recovery Act funds projected for use in states and localities in fiscal year 2009.
And how is that $29 billion being spent? Like this (hint, not on infrastructure projects):
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[...] ready as claimed. So where did they spend what they did? Bailing out failing states Links at site: James Pethokoukis
- Posted by Biden:[...] Reuters. [...]
- Posted by 90% of stimulus money being given to out-of-control state governments | The Kansas Progress[...] Reuters blogger named James Pethokoukis linked to the report under the headline, "Maybe this is why the stimulus isn't creating tons of jobs yet," implying that the [...]
- Posted by How Stupid Talking Points Get Started - The Plank