Friday, July 10, 2009

Where are the jobs?

GAO Report: July 8 Review
Wondering where all the jobs created by the stimulus money are. The above graph from the government July 8 GAO report linked above says it all.


As of June 19Th:

63% of the stimulus money went to medicaid

13% went to help states with their budget shortfalls

Only 6% went to infrastructure spending. (creates jobs)

The rest was unspecified.

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