Stimulus jobs certainly do exist

[Riot]

Originally Posted by Danzig

http://money.cnn.com/2009/10/30/news...ated/index.htm

i added the money left to be spent, and then subtracted jobs created thus far. i come up with $125k per job left to be created. awesome.

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?