Here's how stimulus money gets spent by beaurocrats.
Partial quotes:
More than $400 million in federal stimulus money has come to New Hampshire this year, and more is on the way.
Of that, $2 million has been tapped to provide oversight through a five-person Office of Economic Stimulus (OES) and to cover the cost of auditors at smaller agencies throughout state government.
(beaurocrats).
Actual funding for the OES will be closer to $1.5 million for salaries, benefits and expenses (
for 5 people), he said. The remaining $500,000 will be for positions at other departments.
So far, a total of 50 jobs have been created by the funding, 34 of them full time.
End quote.
I'll do some quick math, let's see.........400 million dollars for 50 temporary jobs. Hold on.........I'm thinking........
Got it! It's only 8 million dollars per job.
Yippie!
The good news is that they're applying for billions more. That should get a couple hundred more jobs.
We're on our way to recovery now.
UnionLeader.com - New Hampshire news, business and sports - Stimulus: Millions in grants, tons of scrutiny - Monday, Jul. 13, 2009
I'll check that government website and see if this is on there. Don't hold your breath.
