11-01-2009
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President
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Member Since: Feb 2004
Location: Louisville, Kentucky
Posts: 10,377
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Re: White House: Stimulus Bill Spending has Created or "Saved" 650,000 jobs
Quote:
Originally Posted by Marcus1124
According to a new report out of the Obama administration, the number of jobs "created or saved" comes to about 650,000. A stunning success you say? Well slooooooow down their pardner...those 650,000 jobs cost $150,000,000,000 or for those of you who are mathematically challenged the bargain price of approximately $230,000 per job "created or saved".
Stimulus creates 650,000 jobs - White House says - Oct. 30, 2009
The stimulus has failed by every conceiveable measure. |
Additionally, the stimulus packaged distributed funds using block grants to states, and the states have utilized those funds to camouflage budget gaps that would inevitably forced the state to layoff their employees.
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