Posted on 10/15/2009 8:55:20 PM PDT by Chet 99
The Obama administration released the first hard numbers on how many jobs their $787 billion stimulus package has created or saved on Recovery.gov today. The number: 30,383 jobs from roughly $16 billion worth of stimulus contracts awarded directly by federal agencies.
Crunching the numbers, that comes to $533,000 per job “saved or created.” To put those 30,383 jobs in perspecitve, consider that the U.S. economy lost 263,000 net jobs just last month and has lost 3.6 million net jobs since President Barack Obama was sworn into office.
(Excerpt) Read more at blog.heritage.org ...
Give me half a million dollars per job, and I’ll create 10, not 1.
Then, I’ll go to Switzerland with the leftovers and escape this budding hell hole.
Snippets: Wyeth merger's impact on Groton, New London R&D campuses uncertain. Now, Pfizer Inc. employees must wait for the painful part.
....The real question now: How many of Pfizer's 5,000 employees at its research-and-development campuses in Groton and New London will remain after the combined companies complete an expected 19,500 layoffs related to the merger?
Interesting math they have here.
Note the "...created or saved..." qualification. That makes the entire thing completely bogus. While there are mechanisms in place to measure (semi-accurately) job creation, there is absolutely no way to even take a WAG at jobs "saved"...
Thus obama and his socialist cohorts in crime can wildly claim any number they want here and no-one can dispute it. Of course, the WH can't back it up with data either. It is all just a guess.
Six months ago I suggested the Gubmint send every household in the USA a check for $10,000. It would have worked better than the “Porkulous” and would have cost less.
“Six months ago I suggested the Gubmint send every household in the USA a check for $10,000.”
That is EXACTLY what was proposed by the Republicans on Feb 4, 2009, but it was IGNORED by most of the Media, and LAUGHED AT by KOS and MSNBC. It never got any press.
They also proposed cutting in half a 6.2 percent payroll tax on employees, cutting the corporate tax rate to 25 percent from 35 percent and lowering the bottom two income tax brackets to 10 percent and 5 percent, all for one year.
The GOP also proposed $11 billion to help prevent home foreclosures, and would have been 2/3 the the Price of the Democrat Porkulus Plan, that has done NOTHING...
Can you IMAGINE how many jobs could have been saved? How many cars bought? How many mortgages saved??
Instead WE HAVE WASTED $1.4 TRILLION DOLLARS, or 10% of our entire GDP.
“Six months ago I suggested the Gubmint send every household in the USA a check for $10,000.”
That is EXACTLY what was proposed by the Republicans on Feb 4, 2009, but it was IGNORED by most of the Media, and LAUGHED AT by KOS and MSNBC. It never got any press.
They also proposed cutting in half a 6.2 percent payroll tax on employees, cutting the corporate tax rate to 25 percent from 35 percent and lowering the bottom two income tax brackets to 10 percent and 5 percent, all for one year.
The GOP also proposed $11 billion to help prevent home foreclosures, and would have been 2/3 the the Price of the Democrat Porkulus Plan, that has done NOTHING...
Can you IMAGINE how many jobs could have been saved? How many cars bought? How many mortgages saved??
Instead WE HAVE WASTED $1.4 TRILLION DOLLARS, or 10% of our entire GDP.
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