Stimulus: Spend $111 Million For 55 Jobs?

The idea of the stimulus package was to create jobs, theoretically. Or, in the parlance of PresBo, "save or create" jobs. We know from experience that this only happens when the money is spent in the "best" way possible... in other words, more productively than the original owners of that money would have spent it.

Do you think that receiving $111 million in stimulus money to "save or create" 55 jobs would qualify? Keep in mind that this is $2 million per job! No? Well, that's what two happened with two agencies in LA.
http://www.latimes.com/news/local/la-me-stimulus-audit-20100917,0,3706864.story

Two Los Angeles departments have received $111 million in federal stimulus funds yet have created only 55 jobs so far, according to a pair of reports issued Thursday by City Controller Wendy Greuel.

The article goes on to claim they will eventually create 264 jobs... but we see little sign of this. So to date, they have created a handful of jobs at a ruinously high cost per job.

Welcome to Recovery Summer.