Ain’t government efficient? The controller calls the outcome of this stimulus program “disappointing.” We call it a thoroughly disgusting farce. Where did all the money go? No doubt it went to all the parasites at the various levels of bureaucracy distributing the stimulus, as well as to the contractors and suppliers leeching off of them.
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.
Read more at International Business Times.