Your Stimulus Dollar At Work:

Amazing.  It actually costs $2,018,181 (yes OVER TWO MILLION DOLLARS) of Federal Stimulus money to create a job in Los Angeles, CA.  Honestly, they would have been better off to drop the money from helicopters hovering over the city, or two throw it out of trucks rolling down the highway.  They actually could have given every job created or saved one million dollars and amazingly saved money.  And this is from the official audit:

  

CITY CONTROLLER RELEASES AUDITS OF HOW LOS ANGELES HAS USED FEDERAL STIMULUS MONEY

$111 Million in ARRA Funds Has Only Created 55 Jobs So Far
Continuing her efforts to ensure that taxpayer money is spent efficiently and effectively, City Controller Wendy Greuel released two audits today of how the City of Los Angeles has used American Recovery and Reinvestment Act (ARRA) funds. The audits looked at the how the two departments that have received the largest amount of ARRA funding so far – the Department of Transportation (LADOT) and the Department of Public Works (DPW) – have used those funds and how many jobs were created. Los Angeles becomes the largest City in America to conduct an audit of how ARRA funds have been expended.
DPW has received $70.65 million and created or retained 45.46 jobs, though they are expected to create 238 jobs overall (the fraction of a job created or retained correlates to the number of actual hours works). LADOT has been awarded $40.8 million and created or retained 9 jobs, though they are expected to create 26 jobs overall. Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.

Some awesome work being done by Patterico's Pontifications.