Granholm, Michigan Stimulus Plan

25,000 new jobs from road construction. 400,000 jobs lost in Michigan (WOOD AM News Radio 2/20/2009 interview with Gov. Granholm)

109,000 jobs created or saved in Michigan. http://www.michigan.gov/documents/gov/jobs2_11_267443_7.pdf

Now let's do some math 25,000 temporary contract jobs that will keep people working for (let's see about a year or two) so that leaves 84,000 created or saved jobs (assuming the others aren't temporary contract work). So in 2-3 years the 25,000 new jobs will be gone and those 25,000 people will be unemployed once again. So at the very least 316,000 jobs will still be gone from Michigan and the stimulus plan will still leave Michigan in a big unemployment mess. Not to mention the financial hole that those 25,000 temporary workers will be in once the stimulus money runs out.

Another note of interest, umemployment benefits will be extended to provide up to 33 weeks of benefits. Now how does increasing these benefits create jobs. Why not spend this $27 billion dollars to create permanent jobs. I know I could take about a million of that and start my own business that would employ 25-50 people, not many in the big scheme of things but 3 years from now those 25-50 people would still have jobs and be financially stable instead of relying on the federal stimulus to give them no jobs but provide money so they don't need to work.

Extension of Emergency Unemployment Compensation. Through December 31, 2009, the bill
continues the Emergency Unemployment Compensation program, which provides up to 33 weeks of
extended unemployment benefits to workers exhausting their regular benefits.
This provision is
estimated to cost $26.96 billion.
http://www.michigan.gov/documents/gov/inventory_267577_7.htm

Take a look at the $50 billion worth of proposed pet projects for Michigan. http://www.michigan.gov/documents/gov/inventory_267577_7.htm
I don't think we're getting $50 billion to repave roads, install LED lights and update sewer systems, all temporary work by the way. How about $50 billion dollars to help retool manufacturing to produce electric cars, or $50 billion dollars to create, gee I don't know, permanent jobs.

Great job Democrats, I'm sure we won't be in the same position 4 years from now.