Stimulus jobs certainly do exist

[Cannon Shell]

Originally Posted by Danzig

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


i found this article, from dec 1...


The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.

Based on $159 billion in spending from the $787 billion recovery package, the tally is the first broad, concrete look at the stimulus program's impact on the economy. The numbers are drawn from 57,000 reports from state and local recipients and include as many as 30,000 jobs from private companies.

that's a pretty good amount isn't it?



til you do the math.



Friday's numbers were quickly used by both Democrats and Republicans to further their arguments about the value of stimulus. Each job cost $248,000 to create.


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.

When "jobs saved" is used just disregard the number. It is a made up number. There is no accurate means of determining "jobs saved".