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$230,000 per job
The Detroit News, by Staff
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Original Article
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Posted By:doublewide trailer trash, 11/3/2009 3:25:00 PM
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| The Obama administration is attempting to spin the tepid job creation sparked by the $787 billion federal stimulus program into an economic success. But the numbers don't add up to a good return for taxpayers. In fact, the numbers don't add up at all.
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Comments: FTA: The White House Web site, recovery.org, reports that Michigan has received $5.2 billion and has created or saved 22,500 jobs. That's $231,000 for every job.
According to the White House, we are being ripped off by the White House.
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Reply 1 - Posted by:
jkcinsalem, 11/3/2009 3:49:38 PM (No. 5996599)
Nothing adds up in the BO administration. And what's more, they don't care if it doesn't add up.
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Reply 2 - Posted by:
snowoutlaw, 11/3/2009 4:42:37 PM (No. 5996732)
This is just about as expected by all that have a clue. It is a known economic fact that every job created by the government costs 2-3 real jobs. Funny how the numbers added up so well.
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Reply 3 - Posted by:
Spidey, 11/3/2009 5:11:30 PM (No. 5996790)
It's more like a handful of dem hacks in Mich. getting filthy rich. This is only going to get worse the more money that gets cut loose for green energy crapola.Liberals don't know how to create jobs,if they did they wouldn't be working in government. Bureaucrats cutting checks don't have a cluee on what creates a job,they just do what lobbyists tell them to.
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Reply 4 - Posted by:
MsCharlotteVale, 11/3/2009 5:45:10 PM (No. 5996865)
Actually, as with all govt "programs," the cats at the top lick off the cream and the skinny alley cats get some govt-issued powdered milk without designer water and no bowl.
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