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Tens of thousands lose stimulus-subsidized jobs
Yahoo ^ | 10/1/2010 | Tami Luhby

Posted on 10/01/2010 11:03:46 AM PDT by Altura Ct.

Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.

About a quarter of a million people in 37 states were placed in short-term jobs thanks to a $5 billion boost to the Temporary Assistance for Needy Families program, according to the Center on Budget and Policy Priorities. States used about $1 billion to provide subsidized employment, with the remaining funds going to cash grants, food programs, housing assistance and other aid.

About half the jobs were summer employment for youth and the rest were for disadvantaged parents. Each state configured its initiative differently. Some covered all the workers' wages for a few months, while others paid for a portion of their salary.

With the program expiring, many of the adults have been told not to report to work anymore. And it won't be easy for them to find a new position at time when the unemployment rate continues to hover at 9.6%

"They are just joining the millions of other people looking for permanent work," said Elizabeth Lower-Basch, senior policy analyst at the Center for Law and Social Policy, an advocacy group known as CLASP.

The TANF jobs initiative was one of several stimulus initiatives that ended Thursday. Also running out are a $2 billion subsidized child care program and a $2.1 billion boost for Head Start, an early learning program for needy children.

Limping along

State officials and advocacy groups have been lobbying Congress to extend the jobs program and other Recovery Act measures, but federal lawmakers have shown little appetite to do so.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: economy; jobs; porkulus; subsidy; unemployment; work

1 posted on 10/01/2010 11:03:50 AM PDT by Altura Ct.
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To: Altura Ct.
Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.

As Dr. Phil would say ....so, how's that working for 'ya? Obama ought to go talk to a group of these folks at one of his 'town hall meetings'.

2 posted on 10/01/2010 11:06:09 AM PDT by MissMagnolia (Obad. 1:15: As you have done, it will be done to you; your deeds will return upon your own head.)
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To: Altura Ct.

We need real jobs in this country, not pretend jobs funded by government


3 posted on 10/01/2010 11:07:17 AM PDT by GeronL (http://libertyfic.proboards.com <--- My Fiction/ Science Fiction Board)
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To: MissMagnolia

Jeez Louise...I never saw that coming...


4 posted on 10/01/2010 11:09:17 AM PDT by moovova (...he wasn't coming inside to have grits with me...)
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To: GeronL
We've been "growing the economy" for almost two years by building bike paths and manufacturing street signs (and adding layers of taxes and regulation on existing businesses).

Oddly enough, these efforts have not resulted in long-term productive employment.

5 posted on 10/01/2010 11:11:57 AM PDT by ClearCase_guy
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To: Altura Ct.

Look on the bright side. At least we will still have the debt and the interest obligations from this program; and will for years to come. So you can’t really claim with a straight face that it was a temporary program.


6 posted on 10/01/2010 11:20:30 AM PDT by Minn
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To: Altura Ct.

So...they lost their ~$250/week stimulus funded jobs. They are now elligible for ~$250/week unemployment for 52 weeks, right?

Deck chairs on the Titanic.


7 posted on 10/01/2010 11:20:53 AM PDT by Cletus.D.Yokel (Islam is a violent and tyrannical political ideology and has nothing to do with "religion".)
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To: Altura Ct.

So much for the Stimulus Program; unfortunately for America, the Marxists in this administration - which means most or all government workers - refuse to realize a fundamental truth: the government can only stimulate the economy by de-regulating business and lowering taxes.

With the current mob utterly ignorant of the lessons of history, America is headed straight for communist-style economic failure as demonstrated by the late and unlamented Soviet Union.

Alas, Premier Obama will waffle and equivocate forever while America continues its economic slide. He could not be destroying his adopted country more quickly if he were doing it intentionally - which he may, in fact, be doing.


8 posted on 10/01/2010 11:23:06 AM PDT by Jack Hammer
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To: Altura Ct.

WHAT?

You mean my census job is not PERMANENT?


9 posted on 10/01/2010 11:23:49 AM PDT by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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To: Altura Ct.

Boo-effing-hoo.....


10 posted on 10/01/2010 11:28:35 AM PDT by Niteranger68 (I believe in man-made political climate change.)
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To: Altura Ct.
The trouble with socialism is, sooner or later you run out of other peoples' money.

Photobucket


11 posted on 10/01/2010 11:29:35 AM PDT by FrankR (obama can only be what WE allow him to be.)
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To: MissMagnolia

Yes, he can tell them to buck up and keep sacrificing. I’m sure they’ll be all excited to stick with him and his agenda.


12 posted on 10/01/2010 11:32:23 AM PDT by NEMDF
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To: Altura Ct.

I would like to know what kind of jobs these people were doing?


13 posted on 10/01/2010 11:37:49 AM PDT by dforest
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To: Cletus.D.Yokel

exact;y my first thought and strange ( yea right) the article didn’t mention these people now gt unemployment

Frankly I’d rather make them work for it even if it is picking up trash. Why give it to them
Notice they also got cash grants, child care, food stamps
not bad for doing make work


14 posted on 10/01/2010 11:40:23 AM PDT by RWGinger
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To: Cletus.D.Yokel

Will these numbers be added to the unemployment totals?


15 posted on 10/01/2010 12:02:08 PM PDT by nuance4u
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To: MissMagnolia

The sad part is that a huge percentage of them will soon be on government assistance and instead of voting for people who will be pro-business, who will in turn hire them, they will vote for Obastard because he “saved them” from living on the street.


16 posted on 10/01/2010 12:28:54 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: Altura Ct.

Look to see this HEAVILY covered on MSNBC. BWAHAHAHAHAHAHA


17 posted on 10/01/2010 12:54:51 PM PDT by Oldpuppymax
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To: Altura Ct.

“Tens of thousands lose stimulus-subsidized jobs”

Yep, and here’s why: Governments Don’t Create Jobs!

Most of us who’ve objectively studied economics, history, business, and politics know that no government can create an abundance of sustainable and wealth-producing jobs. If governments could create jobs, then a private-sector economy wouldn’t be needed. This has been tried in economic systems such as communism, socialism and fascism, and we all know how well those kinds of economies have worked out.

Not surprisingly then, Obama’s economic “stimulus” has amounted to little more than “creating” jobs that are the modern-day equivalent of a hole-digging-hole-filling operation, with miniscule positive benefit to the currently stalled economy. That’s because, by definition, jobs “created” by government “stimulus” are jobs the private-sector economy didn’t/wouldn’t/couldn’t create because such jobs would not result in the creation of economically useful goods and services.

Worse, when the government stimulus stops as it invariably must, the government-created jobs will cease to exist because their only rationale for existence in the first place was government subsidy.

Even worse, the Obammunists have had to borrow the money for their various stimuli, obligating future generations to pay back this money with interest. Such wasteful borrowing is economically quite destructive in the long run for multiple reasons.

First, because government-stimulated jobs are not sustainable, the money has in fact been wasted, meaning the money could have been spent for something far more useful. For example, if the Obammunists had permanently reduced tax rates on private-sector job-creators, then real and sustainable private-sector job growth could have occurred. And while the deficit impact would initially have been the same as deficit “stimulus” spending, tax rate reductions would have produced new taxable wealth from the private-sector economy, creating new tax revenue that would offset the tax rate reductions.

Second, borrowed money has to eventually be paid back and with interest. Debt repayments reduce what the government has to spend in the future, and this weakens the government’s ability to fund essential projects such as the military, national security, law enforcement, medical research, consumer protection, national infrastructure, etc.

Finally, when too much borrowing has occurred, the government is forced to increase tax rates and/or promote inflationary policies to make it possible to both pay back its creditors and continue to operate. Both of these strategies are extremely detrimental to economic growth, plus inflation produces additional injury by wiping out the savings of those who were thrifty enough to delay gratification in exchange for a way to survive when they became too elderly to work full time.

Thus, while deficit “stimulus” spending may produce an initial ephemeral gain, it pretty quickly damages the future economy and everyone who participates in it.

The bottom line is that deficit stimulus spending is like a powerfully addictive drug. At first, the short term artificial improvement seems delightful, but then you’re forced to maintain, or even increase, the dose. If you stop cold-turkey, the resulting crash is awful, and yet the longer you go without stopping, the worse the crash. The problem of course is that eventually you must stop or otherwise you meet a fatal end.

So think about the above as the leftist media hammer their incessant drumbeat for continued, and even increased, deficit “stimulus” spending. How well has deficit “stimulus” worked out so far, and how well do you think more of the same would help? And finally, who are you going to support in the upcoming elections? Those who have promulgated wasteful and addictive deficit government “stimulus” or those who claim they will put our economy back on a self-sustaining course via private-sector growth?


18 posted on 10/01/2010 12:57:47 PM PDT by catnipman (Cat Nipman: Made from The Right Stuff!)
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To: indylindy
I would like to know what kind of jobs these people were doing?

No you don't.

You'd hurl.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

19 posted on 10/01/2010 1:23:58 PM PDT by The Comedian (Guns, Gold, Food - The guy with the guns ends up with all the gold and food.)
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To: The Comedian

Ah, I see. Are you telling me they were paid to not complain?

I wantz what they gotz.


20 posted on 10/01/2010 1:30:52 PM PDT by dforest
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To: Altura Ct.

*******a stimulus-subsidized employment program came to an end. About a quarter of a million people in 37 states were placed in short-term jobs thanks to a $5 billion
******

Deflection and distraction from this view. And where did/is the 700 billion gone/going? Let’s have a piece by piece breakdown of those numbers.


21 posted on 10/02/2010 11:11:03 AM PDT by Varsity Flight
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