• Toxic Ted & the President

    by  • January 6, 2010 • Uncategorized

    Yesterday we learned President Obama would be returning to Ohio once again. This time for a visit to Lorain County to promote his idea for Stimulus II: The Sequel.

    But after looking at some unemployment numbers in Lorain County, I had to wonder why the President chose that particular county.

    According to the most recent data provided by the Bureau of Labor Statistics, since the President signed the Stimulus I in February, Lorain County has gained a grand total of 705 jobs.

    Quite the stimulus, eh?

    As if 705 jobs isn’t underwhelming enough, take into consideration that Lorain County has been awarded $86,141,000 under Stimulus I.

    That’s $122,185 of your tax dollars for each job.

    I’m no math whiz, but that’s far from the type of value we should expect based on the grand promises made by the President.

    Additionally, since the stimulus was implemented, the number of unemployed Ohioans has increased from 566,000(!!!) in February to 623,000(!!!!!!!) in the latest employment report.

    And guess how much has been obligated to Ohio for this wondrous result?

    Nine billion two hundred twenty-seven million dollars.

    Holy crap.

    And to think, federal tax dollars are exactly what Ohio Governor Ted Strickland is relying on to solve Ohio’s job crisis.

    Now the only question left to answer, other than “can we have our money back?”, is whether the President will invite Toxic Ted Strickland to the event on January 22nd. We shall see.

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