bripat9643
Diamond Member
- Apr 1, 2011
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A lot of them were direct benefits to small businesses. It was designed that way. Remember, it was a Green stimulus?Temporary jobs..part time jobs and in the government..What do you mean no jobs? The stimulus hired millions of people.to shovel ready no jobs.
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Through that stimulus grant to my city I was able to purchase a new GE Hybrid energy water heater ($1430.00 at Lowes, now $899) and receive back from the city $1200.00 in credit on my energy bill, which meant I didn't get an electric bill for 5 months. Pretty great.
One catch: I had to hire a local plumber to professionally install it. This was by design in the stimulus: stimulate business for local companies. They charged me an outrageous $400, but look what I got: professional installation and a new 50 gallon water heater that costs an EnergyGuide average of $198 per year instead of the $600-$800 per year with my old Kenmore. All for $630.
And GE sold another cutting edge tech water heater. Helping their profits.
And Lowes had another water heater sale. Helping their profits.
And my local plumber had a $400 job on the books. Helping their profits.
And that's the 2009 Stimulus Act in a nutshell.
Only about 5% of the "stimulus" was spent on that useless crap.