Is the Recovery Act Working in the US?

[c103110]

Today, we received the 'unexpected' unemployment numbers for November (9.8%). Since the Recovery Act was signed into law in January 2009, authorizing the expenditure of $787 Billion Dollars, the US Government has spent roughly $577.2 Billion to date http://www.recovery.gov.

According to the original plan, the unemployment rate was predicted to be reduced to 7% by now.

Here's a chart comparing the planned unemployment rate vs. the actual unemployment rate since the Recovery Act was signed into law.

http://republicans.waysandmeans.house.g ... tID=216744

[Mike Casey]

yea, but you forgot that they created temporary jobs through city works projects and such. We are getting a multi billion dollar high speed train here in california that goes from one town nobody ever goes to, to another town that does not even have a post office. They are hoping its going to help the unemployment rate in those towns because its approx. 20% right now.

In california we also put in a low income housing track. 32 homes and the project only cost just over 40 million....

[c103110]

Mike, at least it'll be a GREEN high speed train to nowhere.

I checked on Joe 'The Sheriff' Biden's Recovery transparency site http://www.recovery.gov and California has already spent 13 Billion (13 thousand, million, dollars) and created 54,303 jobs. According to my math, that equals $239,397 per job.

There's still another 14 Billion (14 thousand, million, dollars) to be spent.

I suspect a highway to nowhere is in the works.

[Mike Casey]

I have a bid into Sacramento to put in some plants near barstow. Its a nice plot of land 78 miles off highway 15 in the desert. You need a a 4x4 to get there but there is a small population of rare insects there that would enjoy this 10ft x 10ft paradise i am planning for them. I expect to employ 3 illegals from the local home depot. I also think i could finish this project in either 1 weekend or three years, i am keeping it open. But anyhow, i figured a smooth 2 million would get the job done.