Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts
Wednesday, February 17, 2010
It's report card time.
Here's a report card on the one year anniversary of the stimulus.
Labels:
Politifact.com,
Stimulus
More on the stimulus.
When The Wall Street Journal and Fox News begin to point out that some Republicans are hypocritical about the stimulus, maybe there is something to their Fair and Balanced slogan.
Of course, they're a few months behind ThinkProgress.org, which has been following these stories all year.
Of course, they're a few months behind ThinkProgress.org, which has been following these stories all year.
Labels:
Fox News,
Stimulus,
The Wall Street Journal,
ThinkProgress.org
"It is better to remain silent and be thought a fool than to open your mouth and remove all doubt."
I wonder if Lisa Eckelbecker tried to get a quote from Scott Brown regarding his claim that the stimulus didn't create a single job. According to their website, IQuum is still hiring. I hope it's with company profits next time. With a $1.06 million grant and 9 new hires, that averages $117,777.78 a hire until you hit the quote "it used the money, in part, to hire nine people." Once again, the workers take a little less.
One poster (Elinor) got the total right per job, but believed that $4.3 billion went to IQuum and said: "I wouldn't invest my venture capital in such a inefficiently run company without seeing a solid fiscal plan and a solid action plan for achieving their goals. This may be why the banks are skeptical about lending and the company is having trouble raising capital." Unfortunately for Elinor, she only read the article title and the graphic, proving that an slightly misinformed voter/investor is the most dangerous voter/investor of them all.
Next time, please read the entire article before stuffing your foot in your mouth!
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As always, the comment section with the article was amusing, with the T&G readership showing a few different results with their long division skills. Most assumed that this graphic meant that IQuum received $4.3 billion and created 1,389 jobs while retaining 3,333 jobs. Guesses ranged from $500,00 to $9.1 million spent per new or retained employee. The actual answer is $910,631.09 per job.One poster (Elinor) got the total right per job, but believed that $4.3 billion went to IQuum and said: "I wouldn't invest my venture capital in such a inefficiently run company without seeing a solid fiscal plan and a solid action plan for achieving their goals. This may be why the banks are skeptical about lending and the company is having trouble raising capital." Unfortunately for Elinor, she only read the article title and the graphic, proving that an slightly misinformed voter/investor is the most dangerous voter/investor of them all.
Next time, please read the entire article before stuffing your foot in your mouth!
Labels:
IQuum,
Scott Brown,
Stimulus,
Telegram and Gazette
Tuesday, January 26, 2010
What they say doesn't equal what they do.
I remember Scott Brown campaigning against last year's stimulus package. He even had this quote in the paper today regarding President Obama's spending freeze:
"But anytime you can look at spending, I think that's one of the basic problems."
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Here is Karyn Polito (R-Shrewsbury) a fellow Massachusetts Republican and Scott Brown supporter, with Lieutenant Governor Tim Murray. Why are they holding a press conference? Federal stimulus money is going to be spent in Westboro and Marlboro to help reduce the costs of wastewater treatment plants.
Hopefully Representative Polito will let Senator Brown know about the stimulus money being spent in Massachusetts and how much she appreciates the help in her district. Representative Polito emceed Scott Brown's victory party on Election Eve, so I assume they put their differences on the stimulus behind them.
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Here's a great breakdown on federal spending and our priorities.
Labels:
Economy,
Karyn Polito,
Massachusetts politics,
Scott Brown,
Stimulus,
Tim Murray
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