Thursday, July 15, 2010

Sign of the times

First the project costs almost $15 Million and has created 17 jobs!  That's nearly $1 Million for each job created.

More stupidly is the $10,000 spent on a sign to show that it's funded by the Stimulus Act.

Nationwide at least $5 Million of the Stimulus Act money has been spent telling you the money spent for the project comes from the Stimulus Act money.

Signs of the Stimulus
Some Call it Transparency, Others Another Example of Government Waste

As the midterm election season approaches, new road signs are popping up everywhere – millions of dollars worth of signs touting "The American Reinvestment and Recovery Act" and reminding passers-by that the program is "Putting America Back to Work."

On the road leading to Dulles Airport outside Washington, DC there's a 10' x 11' road sign touting a runway improvement project funded by the federal stimulus. The project cost nearly $15 million and has created 17 jobs, according to

However, there's another number that caught the eye of ABC News: $10,000. That's how much money the Washington Airports Authority tells ABC News it spent to make and install the sign – a single sign – announcing that the project is "Funded by The American Reinvestment and Recovery Act" and is "Putting America Back to Work." The money for the sign was taken out of the budget for the runway improvement project.

The rest of the story: