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Originally Posted by Riot
I don't understand the point of that?  Wouldn't it make more sense to take the funds spent to date, subtract the necessary administrative costs, then take the remainding fund amount and divide by the number of actual jobs created? (reality rather than future guesstimation)
And as only about 1/4 of the funds were spent by then, just keep doing that every quarter over the several-year life of the stimulus disbursement, to get a more accurate cost per real job created?
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i took the total amount of jobs they expect to create, and subtracted the jobs already created. i divided the money left to be spent by the number of jobs expected to be made.
the article already did money spent thus far divided by jobs created thus far. that's the $200-odd k per job figure given.