Math Fun with President Obama - By Peter Kirsanow - The Corner - National Review Online: "But even if the president meant to say $5,500, his math continues to pose some challenges. According to the IRS, a total of 235,413 taxpayers earned more than $1 million last year. If each “was willing to pay $[5,]500 extra to help the country,” that would generate only $1.3 billion in revenue — approximately what the federal government spends every three hours. Wouldn’t it be just as patriotic for President Obama to turn off the federal spigot for three hours and dedicate the savings to funding those 400,000 jobs?You voted for an innumerate doofus for President. My children thank you for the burdens he is piling on them.
The president at least deserves credit for finally bringing down the cost of all those jobs his administration “saves or creates.” Saving 400,000 jobs at a cost of $1.3 billion comes to just $3,250 per job — far less than the $250,000 per each job allegedly created by the 2009 stimulus bill.
But wait, that means that each of the 400,000 jobs will only pay $ 1.60 an hour — far below the lawful minimum wage. And that’s without benefits. Aren’t those the kind of jobs Americans won’t do?"
Not.
Just another in the long series started here.
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