Saturday, February 20, 2010

Cash for caulkers is a money pit

From the L.A. Times. Read it and weep:

Who could forget the $5 billion in Obama administration stimulus money that was going to rapidly create nearly 90,000 green jobs across the country in these tough economic times and make so many thousands of homes all snuggy and warm and energy-efficient these very snowy days?

Well, a new report due out this morning will show the $5-billion program is so riddled with drafts that so far it's weatherized only about 9,000 homes.

Based on the initial Obama-Biden program promise that it would create 87,000 new jobs its first year, that would be about 10 jobs for each home weatherized so far. Makes for pretty crowded doorways.

2 comments:

Harrison said...

Gotta love government efficiency.

C.C. Mitchell said...

It really isn't Dr.Obama's fault it didn't create as many jobs as it was supposed to. All that Global Warming made the need to insulate our homes a thing of the past.

I heard on a news report of plans to give rebate to people who buy an new energy efficient washer dryer or refrigerator. If I find the article I'll try and post it.