15 October 2009

Stimulus Math.

First hard numbers indicate the Team Hopenchange Stimulus Plan has saved or created... 30,083 jobs.

That's right. 30,083 jobs.

Not so fast, responds Team Hopenchange - that only accounts for spending $16 billion of the $787 billion, and it exceeds their expectations.

M'kay. Let's apply some elementary school math to that: Divide $16 billion by 30,083, and you discover that each job created or saved cost you and me, the taxpayers... $531,861.85.

That's right. $531,861.85 for each job created or saved.

No wonder Obama didn't get the Nobel for economics.

1 comment:

Rick67 said...

On NPR this afternoon we heard about 8000 in TN and about 60,000 in CA. Propagandist nonsense? Probably - but how to refute?