Bad News On Stimulus Jobs

Discussion in 'Blazers OT Forum' started by BLAZER PROPHET, Oct 29, 2009.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    What's $800B / 650,000?

    That'd be the cost of saving or creating each job.

    I'll save you the trouble of doing the math.

    $1,230,769.23

    Give me that money in the private sector and I'll create at least 12 jobs.
     
    Denny Crane, Oct 30, 2009
    #81
  2. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    BTW, two very minor amounts of spending is being credited for the end of the recession:

    Cash for clunkers ($2B out of that $800B)
    and
    First time buyer's home credit of $8K
     
    Denny Crane, Oct 30, 2009
    #82
  3. yakbladder

    yakbladder Grunt Third Class

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    Denny, could you dig up that article showing that all $800B has been spent? I'd very much like to see it.
     
    yakbladder, Oct 30, 2009
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  4. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    This thread, post #50. Where, oddly enough, I was agreeing with you.

    barfo
     
    barfo, Oct 30, 2009
    #84
  5. maxiep

    maxiep RIP Dr. Jack

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    I had read/seen a figure of roughly $72K per job, which is still too much.
     
    maxiep, Oct 30, 2009
    #85
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Denny Crane, Oct 30, 2009
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  7. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    $72K per job is not unreasonable.

    Even if the job paid $50K.
     
    Denny Crane, Oct 30, 2009
    #87
  8. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    barfo, Oct 30, 2009
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