The $63-billion projection for California -- provided by the Center for American Progress, a liberal think tank with ties to President Obama -- includes about $44 billion to help pay for things such as infrastructure projects, health care for the poor and increased unemployment benefits.
The remaining $19 billion would cover the cost of the individual tax cuts to Californians.
So the $19 Billion is another check to people. No Jobs there.
$4.4 billion would go to California schools; $2.8 billion to road projects
$4.4 Billion to schools is for improvements and will provide little to no job creation.
And California, which has been hard hit by home foreclosures, should get a large chunk of the $4 billion provided nationwide to help communities buy and fix up abandoned properties.
Hmm.. I guess some contractor work.
The measure also would increase the weekly unemployment checks by $25 for about 2.4 million Californians, according to the National Employment Law Project, as well as extend by 33 weeks the jobless benefits for about 500,000 people.
No jobs here.
So roughly half of the $44 billion will go to infrastrure projects spread out around the state.
The budget defict for Cali is $40 Billion or so. This will reduce it by 25% (Coming from cost reduction on projects paid for the feds now)
$181 million for creating summer youth jobs
Rough guess at $40,00 for a job you get 4500 jobs.
So applying the same math to 25 Billion you get about 62,500 jobs.
The unemployment rate is 9.3%
California lost 78,200 jobs in December
So you are not even covering the month of Decemeber.
Tell me how this works again?
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