Yesterday Ed Morrissey at Hot Air posted some figures on how the stimulus money is being spent in the state of New Hampshire. New Hampshire received $416 million dollars in stimulus money. With it, they created 50 jobs--34 of them full time jobs.
According to the article:
"The Office of Legislative Budget Assistant reported last week that $413.6 million made its way to the state under a list of programs that involve
education , highways, environmental,health and human services, energy and law enforcement. ...So far, a total of 50 jobs have been created by the funding, 34 of them full time. The OES will be headed by a director whom Gov. John Lynch has not yet appointed. All five OES jobs are described as full-time temporary positions that will go out of existence in September 2011, the end of the federal fiscal year."
I guess my question is simple--if this money had been given to small business in the form of tax cuts, how would the outcome have differed? The stimulus money is not a permanent thing--when the money runs out, the jobs go away. Would it not have been better to put the money in the hands of small business--they hire people and the people they hire spend money. Also, it doesn't cost small business $8.32 million per job! Please follow the link in the first paragraph of this post and read the entire article. The amount of waste in this program is frightening.
Why in the world would we want to let people with this kind of fiscal incompetence run a national healthcare program?
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