IBlvNTmWrk
Dawn of a New Day
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I read this article in yesterday's Atlanta Journal-Constitution... Millions for summer work | ajc.com. Do they really think this "stimulous" will provide a boost to the economy? This is a perfect example of bottom-up economics, and why it is deemed to fail. The employees in the "jobs that were created" were from 14 - 24 years of age.
For those who may not be able to pull it up, here's a few excerpts...
Georgias Labor Department says it spent $19.7 million of the federal stimulus funds it has received this year on a program that created 2,601 jobs. So what are these jobs? It turns out they were part of a summer employment and training program that served about 10,900 low-income young people this year, public records show. By the time the state calculated the jobs with a federal formula and reported them to the U.S. government in October, most were already gone. The rest will be gone by March.
Lina Garcia, a spokeswoman for the U.S. Labor Department, defended the stimulus spending on the summer youth jobs. Whether purchasing their own school supplies and back-to-school clothes, paying a portion of college tuition, or helping to pay bills, young people put this money directly into the economy, Garcia wrote in an e-mail.
Other proponents say the stimulus spending has helped keep teenagers out of trouble, train them for careers and support their families amid a crippling recession.
This year, many of our young people who were working actually used the money they earned to supplement the familys budget to pay rent, to buy food and gas because their parents were unemployed, Labor Commissioner Michael Thurmond said.
In Cobb County, CobbWorks put 457 young people to work this summer with federal stimulus funds. To be eligible to work in the Cobb program, they had to come from low-income families and face at least one other challenge, such as having a disability or being pregnant or homeless. The eligibility requirements come from the federal Workforce Investment Act. CobbWorks also trained the youths how to dress and act professionally.
For those who may not be able to pull it up, here's a few excerpts...
Georgias Labor Department says it spent $19.7 million of the federal stimulus funds it has received this year on a program that created 2,601 jobs. So what are these jobs? It turns out they were part of a summer employment and training program that served about 10,900 low-income young people this year, public records show. By the time the state calculated the jobs with a federal formula and reported them to the U.S. government in October, most were already gone. The rest will be gone by March.
Lina Garcia, a spokeswoman for the U.S. Labor Department, defended the stimulus spending on the summer youth jobs. Whether purchasing their own school supplies and back-to-school clothes, paying a portion of college tuition, or helping to pay bills, young people put this money directly into the economy, Garcia wrote in an e-mail.
Other proponents say the stimulus spending has helped keep teenagers out of trouble, train them for careers and support their families amid a crippling recession.
This year, many of our young people who were working actually used the money they earned to supplement the familys budget to pay rent, to buy food and gas because their parents were unemployed, Labor Commissioner Michael Thurmond said.
In Cobb County, CobbWorks put 457 young people to work this summer with federal stimulus funds. To be eligible to work in the Cobb program, they had to come from low-income families and face at least one other challenge, such as having a disability or being pregnant or homeless. The eligibility requirements come from the federal Workforce Investment Act. CobbWorks also trained the youths how to dress and act professionally.
