{"id":7106,"date":"2010-09-17T13:18:25","date_gmt":"2010-09-17T17:18:25","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=7106"},"modified":"2010-09-17T13:18:25","modified_gmt":"2010-09-17T17:18:25","slug":"111-million-in-stimulus-for-jobs-but-not-one-penny-for-business","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/7106\/111-million-in-stimulus-for-jobs-but-not-one-penny-for-business\/","title":{"rendered":"$111 Million in Stimulus for Jobs, But Not One Penny for Business?"},"content":{"rendered":"<p>The <em>Los Angeles Times<\/em> reports that <a href=\"http:\/\/www.latimes.com\/news\/local\/la-me-stimulus-audit-20100917,0,3706864.story \" target=\"_blank\">after receiving $111 million in federal stimulus money the City of Angels has only created 55 jobs<\/a>.\u00a0 Officials counter that whenever they get around to spending taxpayers cash the total jobs created will be 264.<\/p>\n<p>Yeesh.<\/p>\n<p>With <a href=\"http:\/\/cfif.org\/v\/index.php\/commentary\/43-taxes-and-economy\/748-americas-economic-civil-war \" target=\"_blank\">California losing citizens and jobs to other states in record numbers<\/a>, why not allow cities like L.A. to give $1 million to any business that promises to move into city limits and employ a domestic workforce? \u00a0Better yet, give 111 businesses $1 million in tax breaks to set up shop and revive the local economy.<\/p>\n<p>American taxpayers can\u2019t afford to spend millions of dollars for dozens of jobs.\u00a0 (And government jobs at that!)\u00a0 Since we need a much higher return on investment to get the economy growing again, why not direct money and incentives to businesses?\u00a0 After all, they \u2013 unlike bureaucracies \u2013 can create jobs without perpetual government handouts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Los Angeles Times reports that after receiving $111 million in federal stimulus money the City of Angels has only created 55 jobs.\u00a0 Officials counter that whenever they get around to spending taxpayers cash the total jobs created will be 264. Yeesh. With California losing citizens and jobs to other states in record numbers, why [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[299,19,27,1200,179,113],"class_list":["post-7106","post","type-post","status-publish","format-standard","hentry","category-posts","tag-california","tag-economy","tag-jobs","tag-los-angeles","tag-stimulus","tag-taxpayers"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=7106"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7106\/revisions"}],"predecessor-version":[{"id":7108,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7106\/revisions\/7108"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=7106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=7106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=7106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}