1 trillion divided by 9 million is $111,000 per person. If you count those who are sitting on the sidelines, hiding in college, or working under the table, pretty easy to balloon the number of unemployed to 27 million. That’s $37,000 per person for that trillion dollars. (It still boggles the mind just how huge of a number we’re talking about...)
So if all 27 million suddenly became direct employees of the federal government at a paltry $30,000, and $7,000 goes in to providing benefits because that’s how feds think, you’d have them all employed, and the fed should come away with about 40 billion in direct taxes, and roughly 80 billion in indirect taxes, with roughly the same number going to the states in their taxes.
Of course, the feds would spend another trillion outfitting these people with vehicles, offices, computers, etc, and probably half a trillion more to create management teams to run those 27,000,000 people...
I got a much better idea. How about cutting taxes by a trillion dollars and let the economy rebuild itself? How about putting up for open auction all those Fanny Mae and Freddie Mac properties so that people have a shot at buying their own homes and the housing market can settle back down? How about getting government out of the way, rather than racking up even more debt?
Once we blow through the trillion, what happens to those jobs? If they’re not based on market demand, then they are not self-supporting.
Two examples of this failing are:
1. The Clinton program to give money to the states to put more cops on the street. Once the program ended, states had to lay off all those cops.
2. Porkulus. It went to states and was used to buffer state union employees, teachers, etc. from the layoffs which were occurring in the private sector. Now that money is gone, states are laying off employees right and left.
An delicious irony is when Obama staged a presser using a teacher whose job was saved by porkulus as a stage prop. A couple of years later when the money was gone, that same teacher was laid off.