WASHINGTON -- The stimulus isn't doing a thing to help the unemployment rate in the New York metro area, according to shocking new White House data released yesterday.

The feds have spent a half-billion dollars on 10 of the largest government stimulus contracts in New York City and Long Island -- but created or retained only 54 jobs.

That's an astounding $9 million per job.

http://www.nypost.com/p/news/l...KOcY3pyrCBdewXIcmHIN

If you read the article, the headline is wrong...

It says in one place:

quote:

The largest contract, at Brookhaven labs on Long Island for $261 million, has put only 26 people on the payroll...

But later says:

quote:

Pete Genzer of the Brookhaven National Laboratory said the jobs figure was low because it doesn't include subcontractors building a massive accelerator project.

"Right now we have 140 people working on the light-source project who are funded by [the stimulus]," he said, adding that another 100 are on a nuclear cleanup project.

It may be a scam, or a complete waste of money, but I don't think this is exactly evidence for either.

My belief is the latter, "a complete waste of money."

the belief is strong in this one!

You'd better believe it chip.

HayateAce

Just post in ACWOS; 'kay?

quote:

Originally posted by roybaty:
HayateAce

Just post in ACWOS; 'kay?

You go right ahead. I won't be joining you.