Thursday, October 29, 2009

I'll settle for half that in cash

The big news story on the front page of my paper today was that the 30,000 jobs created or saved by the Stimulus Bill may have been over-stated.

I'm not so concerned about the numbers being wrong by 5-6,000. I'm concerned that some considered that number to be good news at all. Our economy continues to lose more jobs in a week (some months, in a day) and we're somehow supposed to be convinced that this is a sign that the Stimulus is working?

According to my calculations, that means each one of those jobs cost taxpayers $26,233,333. Give me that money. For what they spent to save just one job I'll create at least 1,000 jobs with that. Deal?

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