Stimulus Watch

Barack Obama’s stimulus package was supposed to save and create American jobs. But nearly six months after President Obama signed the $787 billion American Recovery and Reinvestment Act into law most of the economic news remains grim. According to the Labor Department, the unemployment rate shot up to 9.5 percent in June with 467,000 jobs lost – the worst numbers in 26 years.

So what’s happening? How come the infusion of hundreds of billions of dollars of public investment are failing to jump start our economy?

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Youth Jobs Hit Hard by Recession

YO! Youth Outlook Multimedia, News Report, Video, Jamilah King, Video by Augutine Medina, Feb 11, 2010

Across the country, youth unemployment rates have risen at a staggering pace. Nationally, 26 percent of teens aged 16-19 are unemployed, and the rates are much higher for blacks and Latinos.

Brooklyn Asks: Where Did the Stimulus Funds Go?

El Diario/La Prensa/New America Media, Investigation, Eva Sanchis, Feb 11, 2010

Residents of Brooklyn's Bushwick neighborhood say President Obama's $787 billion stimulus package has done little to slow an epidemic of foreclosures in their community.

Green Jobs Promise Broken?

Equal Voice, News Analysis, Claudia Rowe, Feb 10, 2010

Despite $500 million set aside to create “green jobs” for disadvantaged workers – including a program titled “Pathways Out of Poverty” – there is no method in place to monitor exactly where Recovery Act dollars have landed on the ground.

Obama Comes to Bushwick, but the Vultures Arrive Sooner

El Diario/La Prensa/New America Media, Investigation, Eva Sanchis, Feb 10, 2010

In Bushwick, a Brooklyn neighborhood where foreclosures became an epidemic, opportunists are making a killing. Many offer struggling homeowners help from President Obama’s mortgage rescue plans in exchange for thousands of dollars, and vanish once they receive the money.

Bushwick Is Dying

El Diario/La Prensa/New America Media, Investigation, Video, Eva Sanchis, Feb 09, 2010

Ramona Ortiz is about to lose the home her parents own--where she grew up--in Bushwick, Brooklyn, because of a series of loans her father took out. The Ortiz family is part of an epidemic of foreclosures that is ending an era of Hispanic home ownership in Brooklyn.

School Matters: Students' 'Core Needs' Not Being Met

New America Media, Interview, Carolyn Goossen, Feb 01, 2010

A leading researcher says low-income students have been hit the hardest by California's budget cuts, and that the much lauded, federal Race to the Top competition among school districts will do little to help students receive what they need most: a high quality public education.

BART civil rights

Obama Administration Threatens to Yank Stimulus Funds Over Civil Rights

New America Media, News Report, Ngoc Nguyen, Jan 29, 2010

For the first time since President Obama signed the $787 billion American Recovery and Reinvestment Act a year ago, his administration has threatened to withhold stimulus money from a transit agency because it failed to comply with federal civil rights laws.

black unemployment

Obama's Stimulus Can't Slow Black, Latino Unemployment

New America Media/Final Call, News Report, Charlene Muhammad, Jan 29, 2010

President Obama is asking Congress to send him a new jobs bill. This as a New America Media/Final Call investigation shows the stimulus bill he signed last year did little to slow the rise in Black and Latino unemployment.

King Might Picket Obama for Failing the Black Poor

New America Media, Commentary, Earl Ofari Hutchinson, Jan 18, 2010

Obama would be an easy target for King, says commentator Earl Ofari Hutchinson. Under Obama, one in three blacks is poor, and the president doesn't appear to be plannning to do anything about it.

Stimulus Saves English Literacy Classes in Massachusetts

New America Media/Brazilian Journal, News Report, Marcony Almeida, Jan 06, 2010

The Everett Literacy Program in Massachusetts was rejuvenated by a $50,000 grant from the American Recovery and Reinvestment Act (ARRA), and 54 students saw their prospects brighten.

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