OK how many jobs nation wide were created with those shovel ready jobs? In was in the thousands. But not in the 100's of thousands or millions that were needed. In fact the reports I read claimed less than 10,000 jobs total were created. That same report acknowledged that 10 or thousands of jobs were saved but few actual new jobs were created. It was dismal at best. You can look it up!
One small company benefited? Our, or at least my tax dollar was supposed to be creating hundreds of thousands of new jobs that benefited the ENTIRE NATION. So the stimulus benefited your small community. There was no benefit from it here. But facts neither care about me or you. And the folks who study these things ranks the stimulus packages as a tremendous waste of money and a failure. In fact if you bother to read the economic news they frequently write stories and use "The Great Recession" stimulus efforts as examples of how not to stimulate the economy right now today. The leading experts point out time and time again the failures. From the construction ready jobs to tech company things to green energy.
Think about it. There are economic indicators that they use to rank the economy. Certain criteria has to be met for an economic trend to be ranked a recession or a depression. The Great Depression could have improved to the recession status. But it stayed in depression status until massive orders for military goods cause the companies to call back workers and to hire and train new workers.
And now I'm reading here about a trained workforce coming out of the depression? Who made up that fairy tail? Had the jobs programs put a significant number of people to work I could believe it. They hired thousands, not millions of people and millions were out of work. According to the US government of the 30's unemployment ran about 31%. According to historians who are studying the 30's it peaked close to 80%. The disparity in numbers comes from the same things we see today. The government under counting. The historians are looking at # of jobs during the depression versus the number of workers employed right before the depression.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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