posted on Dec, 8 2009 @ 10:56 AM
I am taking a economics class and have run across some interesting numbers.
According to recovery.gov
The government has saved 640,329 jobs so far with the Obama economic stimulus plan. Hey thats great. Look how many jobs we've saved. Look how we are
working for you. Lets take a look at just how much these jobs have cost the American tax payer.
The government has released $157.8 billion dollars so far of the economic stimulus plan. So to save these 640,329 jobs they spent $246,346 dollars per
job. Now the average salary for these jobs that were saved was $59,867 dollars. The census bureau states that the average median household income in
2007 was $50,233. So far the math is not looking so good.
At $59,867 dollars, if the govenment had just used the funds to pay a years worth of labor, they could have created 2.6 million jobs. Thats 1,959,671
jobs more than what they saved. And people want to give more control of their lives to the government?? They actually think that they government can
do a better job?? This is sickening, truely sickening.
Edit to clarify the title a bit more
[edit on 8-12-2009 by six]