Obama Scamulous Costs More than Iraq War

joe_peters

NAXJA Forum User
The difference...
The $7M infusion into San Francisco's Transit system enabled us to hold the layoff numbers to 22 diesel maintenance employees (of a 250 total), recall those employees within two months and purchase needed parts to keep the coaches on the street. These employees in turn used their wages to make purchases at other businesses in their communities.
 
I'm glad my kids tax dollars went to support California's inability to support their own infrastructure, due to decades of Social programs and union-inflated wages and pensions that have bankrupted the state.......IOU's for tax refunds again this year?

The most recent Bureau of Labor Statistics report on employee compensation revealed that, as of March 2010, state and local government workers earn, on average, nearly 44 percent more than do private-sector workers, including 34 percent higher salaries and wages and over 66 percent greater benefits.

California taxpayers are already paying pensions of over $100,000 a year to more than 12,000 former state and local government workers, including over 9,000 state and local employees covered by the California Public Employees’ Retirement System (CalPERS) and greater than 3,000 former school administrators or teachers covered under the California State Teachers’ Retirement System (CalSTRS).

The silver lining of the Bell fiasco is that it has awakened taxpayers to the magnitude of the public employee compensation problem (recent studies suggest the state has $500 billion in unfunded pension liabilities), and hopefully shamed some elected officials into implementing some real transparency reforms.

http://reason.com/archives/2010/08/24/lessons-from-the-bell-californ
 
And Tom, since you brought up how needy California is......why did LA just build the nations most expensive school ever? Can't use the arguement that more expensive schools turn out smarter kids either.......

With an eye-popping price tag of $578 million, the RFK complex follows on the heels of two other LA schools among the nation's costliest — the $377 million Edward R. Roybal Learning Center, which opened in 2008, and the $232 million Visual and Performing Arts High School that debuted in 2009.

The pricey schools have come during a sensitive period for the nation's second-largest school system: Nearly 3,000 teachers have been laid off over the past two years, the academic year and programs have been slashed. The district also faces a $640 million shortfall and some schools persistently rank among the nation's lowest performing.
 
And Tom, since you brought up how needy California is......

No I didn't. My statement is that I have personally seen some good results come from the stimulus money. I have also personally seen terrible waste in the form of Department of Homeland Security grants come from spending on the the global war on terror of which the Iraq War is a result of.

Joe's post is how the stimulus program is more costly than the Iraq War, and yes it is. The difference IMO is the stimulus program is infusing money here, to the average american whereas the Iraqi War spending is going to select contractor companies to pay for mercenaries and to corrupt governments of 3rd world <censored>hole nations.
 
My nephew went to work for one of those contractors. He went to Afghanistan and worked his tail off for two years. He came home and spent his money building a house which gave several local construction contractors work at a time when no one is building houses.

I guess it goes both ways.
 
Free cookies for everybody--Obama will pay for them with more stimulus funds.
 
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