. . . but it may have keep some public employees on state payrolls. (Guess that’s what Obama meant about “saved.”)
One-third of the 2009 stimulus money went to state and local governments–an obvious payoff to the public employee unions which gave hundreds of millions of dollars to Democrats and got hundreds of billions of dollars in return, to insulate public employee unions from the effects of the recession which has affected everyone else.
What Obama and Boxer don’t seem to realize is that they—like Corzine and Coakley–are on the wrong end a taxpayer rebellion. For decades, Californians paid high taxes but got good services in return: good schools and roads, an excellent university system. But now, after favor after favor to the unions from their pliant political pawns, we have bloated payrolls, unfireable teachers who are the highest-paid in the nation, state workers who retire at 55 and make more money not working than when they were working.