Cowboy Confessional

To believe that government spending is efficient, productive and improves prosperity requires being a Keynesian economist or an imbecile (apologies for being redundant).

Now we have proof.

Los Angeles is a misnomer as no angels have ever been located in the city.  Lost Angeles may be more apropos give how many aspiring actresses eventually earn livings on all fours.  One cannot expect anything of value to come from a region responsible both for Henry Waxman and for sending him to congress (you would think that a man representing Hollywood could find an affordable plastic surgeon there).  So un-angelic is L.A. that their government was complicit in hijacking California electrical rates and creating rolling black outs, lowering California to third world status.

So for the sake of economic recovery we paid Los Angeles create $2M jobs.

Not two million jobs, but jobs that cost taxpayers in Kansas, Wyoming and Alabama two million dollars per worker.  By their own admission and calculations, the city of angels angled 111,000,000 of your tax dollars to create fifty five jobs.  Dividing one figure into the other shows that each job cost you a little north of two million smackers.  Henry Waxman voted for Obama’s “stimulus” package so someone should smack Waxman.

Oooops, it looks like someone already did … with a pick axe.

L.A.’s controller claims to be “disappointed” in the results, though she cannot possibly be as disappointed as every former taxpayer and Obama voter who now receives unemployment relief.  Some parts of the L.A. government are a little less efficient than others.  Public Works managed to create or retain a handful of hires at the bargain rate of $1.5M per employee.  However, the Transportation Department, notorious for spending more money that an drunken Arab sheik at a Vegas brothel, created fewer jobs and spent a hefty $4.4M a head.

For that kind of money I expect a highway to be built directly to Henry Waxman’s house so people can easily find him.

Los Angeles’ controller, who is no angel though she is apparently high enough to shake hands with some, said that the city earned a grade of “B- in creating the jobs.”  A bee minus is barely above average, and with the average annual salary in America being somewhere south of $41,000 a year (which is where it was in 2008, before the bottom dropped out of our economic nest), there is a colossal discrepancy between what L.A.’s controller thinks and reality.  A Los Angeles government-created job costs you nearly fifty times what every other job in America costs, which hardly translates into a ‘B’ grade.  Our alphabet doesn’t have a symbol low enough to rank L.A.’s ability to create employment much less manage the money taken from Tennessee taxpayers.

Maybe a new band of Overmountain Boys can find that highway off ramp to Henry Waxman’s place.

But not all is lost.  Just look around any city where there is a highway in disrepair.  Signs of economic stimulus are to be found.  At least there are new jobs to be had in sign maker shops.

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This entry was posted by Guy Smith on Sunday, September 19th, 2010 at 1:00 am and is filed under Economics, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.