Thursday, October 15, 2009

Good Work, If You Can Get It

From The Hill:

The first direct stimulus reports showed that stimulus contracts saved or created just 30,083 jobs, prompting more Republican criticism of the $787 billion package.

The data posted Thursday was the result of the government's initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial -- it represented just $16 billion out of the $339 billion awarded -- but they said it exceeded their projections.

Gee, according to my calculator, spending $16 billion to "create or save" 30,083 jobs means that each "job" cost $531,862.

Pretty good rate of pay there. Where do I sign up for one of those?

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