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Moment, the parking lot employs 30 people in the parking business. when that five story garage is completed they will employ just six. nobody loses their jobs. the hospital says they will find work elsewhere in the hospital. here is the net result of a 20 million dollar stimulus program. a net loss of 24 jobs in the parking business. and the construction work begins this spring. >> sean: thanks stuart. we've seen outrageous waste so far. i'm afraid to say it is going to get far worst. all the way waste we described all the way waste we described tonight totals a whooping: hi, may i help you? y...

Employs 30 people in the parking business. when that five story garage is completed they will employ just six. nobody loses their jobs. the hospital says they will find work elsewhere in the hospital. here is the net result of a 20 million dollar stimulus program. a net loss of 24 jobs in the parking business. and the construction work begins this spring. >> sean: thanks stuart. we've seen outrageous waste so far. i'm afraid to say it is going to get far worst. all the way waste we described ♪

Employs 30 people in the parking business. when that five story garage is completed they will employ just six. nobody loses their jobs. the hospital says they will find work elsewhere in the hospital. here is the net result of a 20 million dollar stimulus program. a net loss of 24 jobs in the parking business. and the construction work begins this spring. >> sean: thanks stuart. we've seen outrageous waste so far. i'm afraid to say it is going to get far worst. all the way waste we described all the way waste we described host: could switching to geico really save you 15% or more on car insura...

Employs 30 people in the parking business. when that five story garage is completed they will employ just six. nobody loses their jobs. the hospital says they will find work elsewhere in the hospital. here is the net result of a 20 million dollar stimulus program. a net loss of 24 jobs in the parking business. and the construction work begins this spring. >> sean: thanks stuart. we've seen outrageous waste so far. i'm afraid to say it is going to get far worst. all the way waste we described tonight totals a whooping: we'll be back with more waste in just a minute. just to this. see? 12 pounds...

Unemployment would not exceed 8 percent. >> that is correct. bill: that was a year and some six months ago. >> she said that at the time when the stimulus bill was passed, that would be february of 2009, she said look, pass this, and we'll put a cap on unemployment of around 8 percent. clearly, that's not worked. we're at 9 1/2%, 18 months later. not good enough. bill: the news broke 30 minutes ago and there's already a lot of reaction from this number. stuart, thank you very much, check out stuart on fbn on varney & company. we have more on this later. thanks stuart. jamie: bad news for one o...