Friday, October 30, 2009

$160,000 per stimulus job!

$160,000 per stimulus job? According to an article by ABC News:

The White House argues that the actual job number is actually larger than 640,000 -- closer to 1 million jobs when one factors in stimulus jobs added in October and, more importantly, jobs created indirectly, such as "the waitress who's still on the job," Vice President Biden said today.

So let's see. Assuming their number is right -- 160 billion divided by 1 million. Does that mean the stimulus costs taxpayers $160,000 per job?
That's the same kind of "efficiency" they will bring to health care.


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