Saturday, October 31, 2009

Stimulus jobs are $160,000 each?!?

That's what Jake Tapper at ABC News has reckoned. Figuring that the Obama administration is boating of anywhere between 640,000 and 1 million jobs saved or created because of the "stimulus" package, and that $159 billion was allocated by Congress and President Obama for such purpose, then the most conservative estimate has each rescued job worth $160,000.

The White House economists are calling these figures "calculator abuse". Wish I'd have thought of that one during those many times that I struggled with algebra in eighth grade!

Pssst... hey, President Obama. Wanna really use the government to create jobs and bolster the economy? It's very very simple:

CUT TAXES
AND
CUT SPENDING!!!

NO country in history has ever spent itself into prosperity. America can not possibly be any different.

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