It turns out that the stimulus funds administered by the state have been more effective in creating or saving jobs. According to a report just released by the governor’s office, the state has commissioned stimulus projects worth a total $510,675,042.02, yielding 1,703.45 jobs. This is a higher ratio of jobs to stimulus dollars than we saw with federal funds that bypassed the state, discussed in the below post. However, if every dollar from the stimulus funds went to short-term job retention or creation – which was the stated purpose of the program – then each job cost $299,788.68.
- Deepwater forgot to read PBN
- Windy Pork
- Just in (no surprise): voters want more choice and accountability in education
- Another low ranking for RI
- Tax Day Rally
- Somebody has to sell it
- In case you missed it, and so you don’t
- Too risky for me but not for thee?
- ‘There are lies, damn lies – and statistics.’
- From our friends in the US House