Friday, September 17, 2010
THIS IS INSANE
This stuff drives me crazy....
We have to get this system fixed. Don't we have ANYBODY who can run for office and stop the wasteful spending and get rid of all the red tape. I believe that God has called us to be STEWARDS of all of our resources.
I saw this article today and wanted to share it with you. I know Wendy Greuel is doing a great job. Pray for her for she knows we need to fix all these problems, but she can't do it on her own. According to this report, it's taking 2 million dollars to create ONE job.
Here's the article. It's INSANE!!!
The Los Angeles City Controller said on Thursday the city's use of its share of the $800 billion federal stimulus fund has been disappointing.
The city received $111 million in stimulus under American Recovery and Reinvestment Act (ARRA) approved by the Congress more than year ago.
"I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," says Wendy Greuel, the city's controller, while releasing an audit report.
"With our local unemployment rate over 12% we need to do a better job cutting red tape and putting Angelenos back to work,” she added.
According to the report, the Los Angeles Department of Public Works generated only 45.46 jobs (the fraction of a job created or retained correlates to the number of actual hours works) after receiving $70.65 million, while the target was 238 jobs.
The audit says the numbers were disappointing due to bureaucratic red tape, absence of competitive bidding for projects in private sectors, inappropriate tracking of stimulus money and a laxity in bringing out timely job reports.
“While it doesn’t appear that any of the ARRA funds were misspent, the City needs to do a better job expediting the process and creating jobs,” she said