Obama’s Great Leap Forward

September 19, 2010

The White House released a report entitled “100 Recovery Act Projects That Are Changing America” to counter criticism of the stimulus as a failure. Vice President Joe Biden said,

“With Recovery Act projects like these, we’re starting to turn the page on a decade of failed economic policies and rebuild our economy on a new foundation that creates good middle class jobs for American families.”

And the Vice President is spot on. The Recovery Act has created some great jobs.

The report covers some $7.5 billion spent to create about 27,400 jobs — as best as can be gleaned from the report, including giving the projects the benefit of doubt when the jobs figures are unclear.

That works out to about $273,723 per job.

The top ten egregious projects described in the report are:

  1. $4.38 million/job to build an elevated highway in Tampa, Florida. (Project #14 in the report)
  2. $3.67 million/job to rehabilitate the 107-year old Atlantic Avenue Viaduct in New York City. (Project #27)
  3. $2.91 million/job to provide broadband service in western Kansas. (Project #38)
  4. $1.87 million/job to seismically retrofit the San Francisco-Oakland Bay Bridge. (Project #37)
  5. $1.46 million/job to rehabilitate the Staten Island Ferry Terminal. (Project #19)
  6. $1.39 million/job to install smart meters in Chattanooga, TN. (Project #51)
  7. $1.02 million/job to conduct cancer research. (Project #2)
  8. $985,000/job to install solar panels at the Denver Federal Center. (Project #41)
  9. $967,000/job to build houses/roads in Nevada County, CA. (Project #30)
  10. $940,000/job to widen I-94 in Wisconsin. (Project #10)

Applying the outrageous average cost/job for these 100 projects to the $787 billion stimulus plan means that the Recovery Act should have produced 2.88 million jobs. However since the Recovery Act, we’ve actually lost about 2.5 million jobs.

Recovery Act? Indeed. The nomenclature is reminiscent of Chairman Mao’s own “recovery” program — the Great Leap Forward.

3 Responses to “Obama’s Great Leap Forward”

  1. ghbontrager Says:

    The Hutchinson News

    Disastrous leadership
    http://www.hutchnews.com/Westernfront/wf-Bontrager-Greg-4-2–1

    Within a year the full weight of the Obama disaster has become apparent. The democratic mantra of “the stimulus saved the economy” is a lie. The “stimulus” is nothing more than years of pent-up pork barrel spending financed on a sea of barrowed Chinese cash.

    While schools close and unemployment lines swell, does our “new left” savior acknowledge his mistake? No, in true demagogic fashion he blames others for his failure and seeks to expand his disastrous policies with the claim “we haven’t gone far enough.” The health care plan is going to lower the deficit – like unemployment won’t go above 8 percent, right?

    Our government is in the hands of ne’er-do-wells who haven’t got a clue beyond a youth spent in Ivy League classrooms that reek of half-baked socialist theory, educated idiots who couldn’t organize a trip to the outhouse; cocktail party liberals like Barack Obama who seek to take from those who succeed and redistribute to those who don’t.

    Their indoctrination into left-wing dogma is complete, what Fidel Castro or Chairman Mao couldn’t do “out of the barrel of a gun” our schools and universities have done in masterful fashion. These “angels of light” have hijacked our “shining city on the hill” and are transforming it into another bankrupt people’s dog pile.

    GREGORY H. BONTRAGER
    Hutchinson, KS
    http://members.cox.net/gbontrager/


  2. [...] Obama’s Great Leap Forward « Green Hell Blog. [...]

  3. tarpon Says:

    Does Obama see the train coming?


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 66 other followers

%d bloggers like this: