Never mind the millions of Americans who have lost their jobs this year – U.S President Barack Obama’s big, bad government “stimulus” rode to the rescue by creating 30,383 private sector jobs.
Awesome, right!
Of course that “stimulating statistic” gets even better when you consider that the public cost of creating all those jobs was “just” $2.2 billion – or $71,500 per job.
The Obama administration – which released this data late last week – said the job creation data from stimulus funding “exceeds our projections.”
Yeah … those must’ve been some incredibly crappy projections.
By ed October 19, 2009 at 9:00 pm
who really believes the gov creates good jobs at the state or federal level?
The gov does very very few things well or cost effectively. All that federal red ink is really blood it has sucked from the private sector.
By Steve October 19, 2009 at 11:42 pm
You forget sir that those jobs that have been created are temporary, at best. Most of the stimulus will be spent by 2012 and all those jobs will be gone.
By Polprav October 22, 2009 at 10:13 pm
Hello from Russia!
Can I quote a post in your blog with the link to you?