Let me see if I’ve got this correct. The spendulus bill is going to be roughly 1 Trillion dollars or more after you ad in the interest. Obama says it’s going to create 3 to 4 million jobs. Most economists think that’s a bit optimistic and that it will probably only create 1 to 2 million.
Let’s give Obama the benefit of the doubt and say it’s 4 million. If I do just a little math here’s what I come up with.
1,000,000,000,000 divided by 4,000,000 equals 250,000. That means each new job created has cost the country $250,000. If the 1 million new jobs number is correct then it will cost $1,000,000 or 1 million dollars per job.
I don’t know about you but I’ve never made anywhere close to $250,000 in a year.
Yeah ok, so the jobs are supposed to last but doesn’t that seem like an awful lot of money to spend when we don’t even know if it’s going to work?