Transcript:
Brooke: So talking about education, we have Josh Levs over at the stimulus desk. Josh, I know you have this first point you want to make about how the stimulus money has affected education jobs in particular.
Josh: When people hear stimulus a lot of think of shovel ready jobs on the street. Education is by far the biggest recipient of jobs from that massive pile of stimulus funding that came out a year ago. Let's do this. I want to see how you can get this information yourself. Show some of it right now. We're going to go to the web cnn.com. What we've got up for you here, we link you to recovery.gov, the main web page that shows people lots of information about the spending. What we've done in here is we've gone to the section called agency reported data. I'll go fast with this, but basically when you look at these words over here, it shows you who gets the most money to go out and spend from the stimulus. Department of Education is way up there. It is the third thing on the whole list. Let's go to the full screen that's going to show the jobs breakdown. Check that out. Stimulus jobs, top agencies no comparison. You have ten times more education jobs that have been funded by the stimulus than those shovel ready jobs on the street, about 410,000 education jobs funded by the stimulus and when it comes to the transportation jobs so far, 41,000. So Brooke, this is a good example of what we've been seeing in this respect. This is place in which a lot of the stimulus money is getting teachers back to work. People can argue about whether this is a good use of public money about, all the debt we're going to pay and all the borrowed dollars but the fact is, right now there have been billions of dollars that have gone into education to pay for teachers to be in schools, Brooke.
Brooke: My mom was a teacher. We need our educators, don't we? Give me an example of how one state was affected by all of this.
Josh: One that's particularly interesting. We often like to look at Michigan because Michigan is by far the most struggling state out there. Michigan has the highest unemployment rate. We know what's been going on with Detroit and in general with this economic slump so much of the country is suffering through. You're seeing right there, Michigan got $2.8 billion for its schools. When we look at the job creation, you've got numbers telling us they have funded more than 9,000 jobs in education from that stimulus money so far. And you know, the stimulus money, most of it still has yet to be spent. We are going to be seeing all over the country more and more examples of teachers being paid for out of that will stimulus pile. Ultimately really, one of the big questions about all this is sure, it's a good use of money. You can often look at funds and say it's good to have teachers in schools.
Brooke: So talking about education, we have Josh Levs over at the stimulus desk. Josh, I know you have this first point you want to make about how the stimulus money has affected education jobs in particular.
Josh: When people hear stimulus a lot of think of shovel ready jobs on the street. Education is by far the biggest recipient of jobs from that massive pile of stimulus funding that came out a year ago. Let's do this. I want to see how you can get this information yourself. Show some of it right now. We're going to go to the web cnn.com. What we've got up for you here, we link you to recovery.gov, the main web page that shows people lots of information about the spending. What we've done in here is we've gone to the section called agency reported data. I'll go fast with this, but basically when you look at these words over here, it shows you who gets the most money to go out and spend from the stimulus. Department of Education is way up there. It is the third thing on the whole list. Let's go to the full screen that's going to show the jobs breakdown. Check that out. Stimulus jobs, top agencies no comparison. You have ten times more education jobs that have been funded by the stimulus than those shovel ready jobs on the street, about 410,000 education jobs funded by the stimulus and when it comes to the transportation jobs so far, 41,000. So Brooke, this is a good example of what we've been seeing in this respect. This is place in which a lot of the stimulus money is getting teachers back to work. People can argue about whether this is a good use of public money about, all the debt we're going to pay and all the borrowed dollars but the fact is, right now there have been billions of dollars that have gone into education to pay for teachers to be in schools, Brooke.
Brooke: My mom was a teacher. We need our educators, don't we? Give me an example of how one state was affected by all of this.
Josh: One that's particularly interesting. We often like to look at Michigan because Michigan is by far the most struggling state out there. Michigan has the highest unemployment rate. We know what's been going on with Detroit and in general with this economic slump so much of the country is suffering through. You're seeing right there, Michigan got $2.8 billion for its schools. When we look at the job creation, you've got numbers telling us they have funded more than 9,000 jobs in education from that stimulus money so far. And you know, the stimulus money, most of it still has yet to be spent. We are going to be seeing all over the country more and more examples of teachers being paid for out of that will stimulus pile. Ultimately really, one of the big questions about all this is sure, it's a good use of money. You can often look at funds and say it's good to have teachers in schools.
