Thursday, February 24, 2011


CBO: Jobs Created and Saved By Stimulus Cost At Minimum An Average of $228,055 Each | "Thus, the $821 billion cost of the stimulus divided by the maximum of 3.6 million jobs the CBO believes the stimulus may have saved or created equals an average of $228,055 per job.
At the lower end of the CBO’s top job-creating-and-saving estimate for the stimulus—1.4 million jobs—the jobs would cost an average of $586,428 a piece.
In February 2009, when President Obama signed the stimulus law the national unemployment rate was 8.2 percent, according to the Bureau of Labor Statistics. In January 2011, the national unemployment rate was 9.0 percent."
Same as it ever was...