Washington DC Biggest Winner of Stimulus/Porkulus Bucks, Money Given to Least Needy States & Counties That Supported Obama
Posted By Vicki McClure Davidson on July 20, 2009
More evidence of mismanagement of the stimulus money. We told you this would happen months ago… even VP Joe Biden said they would be incapable of handling our money correctly and frugally. Mess-ups galore. Joe was right for a change.
The states in the country that have been hurt the worst financially by the recession and many counties that did not support Barack Obama have received the least amount of stimulus money help. The state that has received the highest amount of money per capita isn’t even a state… it’s Washington, DC.
Mismanagement, non-stimulus, political lies, AND nepotism. Peachy keen.
According to the Bureau of Labor Statistics, for the month of June, Michigan again reported the highest jobless rate, 15.2 percent. (The last state to have an unemployment rate of 15.0 percent or higher was West Virginia in March 1984.) The states with the next highest rates were Rhode Island, 12.4 percent; Oregon, 12.2 percent; South Carolina, 12.1 percent; Nevada, 12.0 percent; California, 11.6 percent; Ohio, 11.1 percent; and North Carolina, 11.0 percent.
ANALYSIS: States Hit Hardest by Recession Get Least Stimulus Money
FOX News
By John Lott | July 19, 2009The stimulus bill “includes help for those hardest hit by our economic crisis,” President Obama promised when he signed the bill into law on Feb. 17. “As a whole, this plan will help poor and working Americans.”
But FOX News.com has analyzed data tracking how the stimulus money is being given out across the 50 states and the District of Columbia, and it has found a perverse pattern: the states hardest hit by the recession received the least money. States with higher bankruptcy, foreclosure and unemployment rates got less money. And higher income states received more.
The transfers to the states having the least problems are large. Even after accounting for other factors, each $1,000 in a state’s per capita income means that the state got $21 more per capita in stimulus funds. With a spread of almost $38,000 in per-person income between the top and bottom states, this has a sizable impact. High-income states get considerably more stimulus money.
States with higher bankruptcy rates got a lot less, not more, money — roughly $86 less per person for each percentage point increase in the state’s bankruptcy rate. States with higher foreclosure rates were treated very similarly, losing $82 per person for each one percentage point more of the people suffering foreclosures.
The spending data come from two reliable sources: the Wall Street Journal and the Federal government’s Recovery.gov. On June 30, the Wall Street Journal published data on stimulus spending by state for seven categories of social spending (education, HUD, health, crime fighting, job training, arts, and food and farming) and eight categories of infrastructure spending (transportation, water, energy, military, veterans, government, outdoors, and emergency shelters). The Journal’s data allow a comparison by each category of government spending. Their total accounts for $195 billion out of the $787 billion that will be spent on the stimulus. Out of this money, the amounts vary a lot across the nation, with the very lowest, a mere $504 per capita in Florida, to the highest, at $3,712 per capita in D.C.
If one relies on the Recovery.gov accounts instead, which, as of July 8, reported $218 billion of spending but without the detailed breakdown provided by the Journal, the bottom line is the same: the money is not going to the states hardest hit by the recession or to the poorest states.
The four accompanying charts show how stimulus dollars per capita from the Journal vary with the unemployment, bankruptcy and foreclosure rates as well as per capita income for the 50 states. A trend line is also included to make comparisons easier. The data for economic conditions were taken from when the stimulus bill was being passed. In each figure, the trend clearly shows that the states in the worst economic shape got the least federal government money.
[...]
Politico reported on June 5 that the “Stimulus tour” — visits by Mr. Obama and other administration officials “across the country to tout the massive spending program or hand out stimulus cash to grateful local officials” — overwhelmingly took place in states that voted for Obama: “52 of the 66 events were in states that backed Obama.” The other 14 events were in states that Obama lost only narrowly. A new study released by USA Today also finds that counties that voted for Obama received about twice as much stimulus money per capita as those that voted for McCain.
[...]
Lee Ohanian, an economics professor at UCLA who has extensively studied New Deal policies and depressions, told FOXNews.com that the spending patterns our study found “certainly don’t fit what you would think that they would be from the standpoint of government spending as a social safety net…. The pattern does seem quite odd. It is certainly not the way the program was advertised.”
More on our nation’s unemployment and economic woes:
Gateway Pundit: Brilliant!… 134 GOP House Members Ask President Obama: “Where Are the Jobs?” (Video) and Late to the Party — Rich Obama Supporters Realize He’s a Class Warrior and Joe the Plumber: Obama’s Answer Was “Right Out of Karl Marx’s Mouth” (Video) and Joe the Plumber Weighs in on Debate: “Obama’s Proposal Scares Me Because It’s Just One More Step Towards Socialism”
Breitbart.com: Rising unemployment accelerates foreclosure crisis
Rasmussen Reports: Number Who Says U.S. Heading in Right Direction Slips to Lowest Level Since February
CNSNews.com: Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Temple of Mut: Detention Won’t Change a Delinquent
The Weekly Standard: Know-Nothing-in-Chief – There’s no evidence Obama has even a sketchy grasp of economics.
Gateway Pundit: Unreal. With Unemployment at 9.5% Obama Says Stimulus Is Working
The Anchoress, First Things: No, you can’t see the numbers; the King is a Fink
Michelle Malkin: Sticker wars: Shattering the myth of Hope and Change and Nice work if you can get it and The “Going Galt” phenom spreads; Whoopi goes on anti-tax rant and How Obama blocked the wealth generators in Pueblo, Colorado and Sen. Coburn: Our Watchdog and Spawn of the Spendulus Updated and Document drop: Porkulus One is a failure, so let’s do it again! and Bailoutmania: Not “permanent.” Just forever… and Tim Geithner is a joke in China, too and Feds extend Crap Sandwich to life insurers and The Colin Powell endorsement: Triumph of hope over reality and White House pushing to gag stimulus critics
Burt Prelutsky, Big Hollywood: Indicting the Usual Suspects
The Habitation of Justice: Spend, Spend, Spend! I’m my own economic boom, baby!
Track-A-’Crat: Never Say Never Again
Frugal Café Blog Zone: Wealthy Democrat Supporters Dumbfounded… Realize Obama Will Take Their Money and Escape from New York: Billionaire Tom Golisano Leaving NY Because of High Taxes, Gets Advice from Limbaugh and Where’s the Money, Obama?? Coburn Reveals 100 Instances of Gov’t Waste of Stimulus Package Money
FOX News: Obama to Propose More Taxes From Estates, Firms to Fund Health Care Reform
Peace and Freedom Promises: Obama Hasn’t Noticed People Leaving California and New York?The Stimulus Package that Forgot to Stimulate Anything
The American Pundit: Poor Babies: Obama Staffers Exhausted by the Stress of Wasting Money
Urban Grounds: Tom Golisano: Goodbye New York and Failed Democrat Policies
Gateway Pundit: Palin Calls Obama’s Massive Spending & Economic Policies “Immoral”
Buffalo News: Golisano leaving New York to escape income taxes, says he’s paying $13,000 a day
Hot Air: New White House spin: Stimulus not designed to … stimulate; Update: Obama’s stimulus speech and What top-tier economists use to analyze success and Biden: We must bankrupt the country to avoid bankrupting it and Obama on stimulus: It’s worked great! and Obama staffers exhausted from grueling work of wasting trillions of dollars and White House: We’ll cut off criticism of Porkulus and Obama, the reverse Reagan and Video: The self-promotion stimulus and Stimulus fizzle has Democrats worried and Big banks saying no to California IOUs and Rasmussen “passion index” down to -8
Mere Rhetoric: WaPo: Obama Staffers The Bestest And Diligentest Staffers Ever. Especially That Gibbs Guy. He’s Super.
The Iowa Independent: Culver: Second federal stimulus not needed in Iowa
The Washington Times: GOP hits Pelosi for mouse funds
New York Times: Doubts About Obama’s Economic Recovery Plan Rise Along With Unemployment
MoneyNews.com: $1 Trillion Later, What Does Obama Have to Show? Nothing
Jim Blazsik: The real reason behind the economic meltdown – government (particularly Democrats) and Barack’s Economic Plan – the people giveth, and the government taketh away…
My Vast Right Wing Conspiracy: Stimulus fallout
Hot Air Green Room: CNN Creates Misleading Headlines to Save Obama’s Credibility and Zero Percent Unemployment – Now!
RightWingSparkle: “The rich are not human, they are animals in human form.”
Huffington Post: Obama Ineffective On The Economy: NYT/CBS News Poll
Scared Monkeys: Colin Powell Suddenly has Doubts on Obama Agenda … Americans Like Taxes … Can’t Afford Taxes
New York Times: Obama Poll Sees Doubt on Budget and Health Care
Democratic Underground Headline: In Poll, Obama Is Seen as Ineffective on the Economy
Random-American: Biden says ‘everyone guessed wrong’ on the economic stimulus
Stop The ACLU: Obama Tanks In Ohio
Gunservatively!: Son-of-a-Stimulus!
Wall Street Journal: Calls Grow to Increase Stimulus Spending
Right Pundits: Steny Hoyer: Second Stimulus Possible
America’s Watchtower: Obama Adviser Pushes For a Second Stimulus Bill
VotingFemale Speaks: Obama Hogzilla Stimulus Bill failed; Congress is scared; Senate hits brakes on Cap and Trade; Obama Distracted and Losing Traction
Right Pundits: Steny Hoyer: Second Stimulus Possible
The American Pundit: The Hypocritical Incompetence of Congress
The Christian Science Monitor: White House laughs at GOP idea to call Democrats “Socialists”
About the author
I am shocked that zerObama shoveled pork to politically favored districts. It’s almost like the Democrats are just as corrupt as the GOP used to be.
Stunning.
[...] See the original post here: Washington DC Biggest Winner of Stimulus/Porkulus Bucks, Money … [...]