Wednesday, November 11, 2009

Stimulus fund job benefits exaggerated, review finds - The Boston Globe

While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated. Organizations that received stimulus money miscounted jobs, filed erroneous figures, or claimed jobs for work that has not yet started.

The Globe’s finding is based on the federal government’s just-released accounts of stimulus spending at the end of October. It lists the nearly $4 billion in stimulus awards made to an array of Massachusetts government agencies, universities, hospitals, private businesses, and nonprofit organizations, and notes how many jobs each created or saved.

Jobs or no jobs, I'm sure those who knew the right people got paid off for their "support".

One of the largest reported jobs figures comes from Bridgewater State College, which is listed as using $77,181 in stimulus money for 160 full-time work-study jobs for students. But Bridgewater State spokesman Bryan Baldwin said the college made a mistake and the actual number of new jobs was “almost nothing.’’ Bridgewater has submitted a correction, but it is not yet reflected in the report.

A silly claim even if it were true. That's $482 in total for each "full time" job? That's starting to sound like the Chinese wages we keep hearing about. I had no idea they were paying that type of slave wages in upscale MA. This Obamanomics is something isn't it?

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