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Stimulus plan needs some stimulation (The city has spent just $1M, and saved only 52 jobs)
Philadelphia Daily News ^ | 10/28/2009 | CATHERINE LUCEY

Posted on 10/28/2009 8:29:12 AM PDT by Kid Shelleen

MORE THAN six months after President Obama's $787 billion stimulus package was passed into law, the city of Philadelphia has spent less than $1 million in recovery money and retained just 52 jobs.

The data was laid out in a memo sent to Mayor Nutter from Budget Director Steve Agostini, and obtained by the Daily News. Agostini, who was recently assigned to oversee the city stimulus program, also reported that the city's efforts to manage stimulus dollars have been hampered by limited communication between departments.

The news comes as the local unemployment rate continues to climb. The Philadelphia jobless rate hit 10.7 percent in August

(Excerpt) Read more at philly.com ...


TOPICS: News/Current Events; US: Pennsylvania
KEYWORDS: filthydelphia; philadelphia; philly

1 posted on 10/28/2009 8:29:14 AM PDT by Kid Shelleen
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To: Kid Shelleen; Ernest_at_the_Beach; Grampa Dave
30 of those 52 saved jobs are shovel-ready work orders.

Grave diggers have high value in homicide ridden city.

2 posted on 10/28/2009 8:32:43 AM PDT by BOBTHENAILER (The Obamanistas' are out to GIT YOU , and get you they will--unless----)
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To: Kid Shelleen

How many jobs were lost while the 54 were getting retained?


3 posted on 10/28/2009 8:34:11 AM PDT by pallis
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To: Kid Shelleen
I read that a second Stimulus is in the works behind closed doors in case the first doesn't work. Libs always think throwing more taxpayers’ money at a problem is its solution.
4 posted on 10/28/2009 8:37:55 AM PDT by luvbach1 (Worse than we could have imagined.)
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To: Kid Shelleen

Keep voting in those Dems Philly and you will soon be Detroit’s ugly stepchild.


5 posted on 10/28/2009 8:39:58 AM PDT by Sir Gawain
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To: Kid Shelleen
Philly just raised their sales tax to 8% and stopped contributing to the city pension plan.

How is that for Hope and Change!

6 posted on 10/28/2009 8:47:33 AM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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