Feingold’s Trillion Dollar Spending Bill Does Little For Wisconsin
[Oshkosh, WI] New jobs figures for Wisconsin show unemployment continuing to hover at an unacceptably high 7.8 percent and nearly 78,000 jobs lost since Senator Feingold voted to pass the Democrats’ trillion dollar failed stimulus legislation.
A recent report also shows that Wisconsin’s share of stimulus funds is among the worst in the nation. Wasteful spending projects in other states across the country have done nothing to create jobs in Wisconsin or improve the economy as a whole.
“It is appalling that Senator Feingold recklessly spent hard earned taxpayer dollars with the promise of bringing more jobs to Wisconsin, only to see nearly 78,000 jobs lost since the stimulus was passed into law,” Ron Johnson for Senate campaign spokeswoman Sara Sendek said. “What’s worse is that Wisconsin tax dollars were used for wasteful spending projects in other states, while continuing to face job losses at home. Perhaps Senator Feingold should re-evaluate his definition of responsible and wise spending.”
The Business Journal of Milwaukee
Wisconsin share of job stimulus among worst
August 18, 2010
The state of Wisconsin’s share of stimulus funding for private sector job creation is one of the lowest in the nation on a per capita basis, according to a new report.
Onvia, operator of Recovery.org website, analyzed American Recovery and Reinvestment Act allocations and found that Wisconsin is getting just $110.90 per capita in stimulus funds, the fifth lowest in the country. The funds support 6,774 jobs to date in Wisconsin, the 20th lowest total.
The highest per capita total went to Arkansas ($234.05), and the worst was Utah ($82. 20).
Nationwide, 714,589 private sector jobs have been supported nationwide by Recovery Act project spending since its passage. The figure does not include public sector jobs created by stimulus grants to states and those paid by the government. Recovery Act project spending in 2010 is expected to generate a 27 percent increase in the total by the end of 2010.
Onvia also said $57.5 billion has been awarded to private sector contractors to fulfill Recovery Act projects, just one-third of the $275 billion allocated for private sector projects.
The findings were derived from Onvia’s data through Aug. 11, approximately 18 months since the stimulus money began flowing into the states. About $218 billion remains to be awarded. Click here to download the report.
http://milwaukee.bizjournals.com/milwaukee/stories/2010/08/16/daily37.html
