Clare Richie, senior analyst for the Georgia Budget and Policy Institute, warns of the consequences if Congress fails to extend a program that’s created 16,000 jobs in Georgia. The program for needy families expires Sept. 30.
Thousands of Georgia teachers and other school workers — nurses, cafeteria supervisors, bus drivers and custodians — are losing their jobs due to another round of budget cuts. Salary cuts and furloughs are the new normal. Communities across Georgia are taking a big hit from the cuts. As one economist put it, “It is folly not to recognize the impact on the broader economic recovery.” Sarah Beth Gehl presents a few solutions to the school budget crisis.
On Thursday, the government released data claiming $16 billion in stimulus money has saved or created 30,383 jobs. Extrapolating those numbers, the administration’s chief economist estimated total stimulus spending would mean more than 1 million new or saved jobs. But do the 30,000 jobs represent a good return? And since the federal contracts for which data was reported this week represent just a sliver of the overall stimulus package, what do they really say about the impact of the stimulus as a whole?