A federal stimulus grant of nearly $500,000 to grow trees and stimulate the economy in Nevada yielded a whopping 1.72 jobs, according to government statistics. In 2009, the U.S. Forest Service awarded $490,000 of stimulus money to Nevada's Clark County Urban Forestry Revitalization Project, aimed at revitalizing urban neighborhoods in the county with trees, plants, and green-industry training. According to Recovery.gov, the U.S. government's official website related to Recovery Act spending, the project created 1.72 permanent jobs. In addition, the Nevada state Division of Forestry reported the federal grant generated one full-time temporary job and 11 short-term project-oriented jobs...more
One form of gov't grants dinero to another form of gov't and you expect something positive to happen? And if the $500 thou had been left in the private sector...
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Remember when folks, common folks, said that the TARP money and the Stimulus grants should be divided up and given equally to all taxpayers? That would have gone further to put this country back on the right track. But then there are fools like Krugman who don't have the slightest idea how to run an economy. Academic arrogance runs this country.
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