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Joined: Sun Nov 12, 2006 12:19 pm
Posts: 13802
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Quote: $160,000 Per Stimulus Job? White House Calls That 'Calculator Abuse'
ABC News, by Jake Tapper
Posting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30. Officials acknowledged the numbers were not exact, saying that states and localities that reported the numbers have made mistakes.
BREAK
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?
Jared Bernstein, chief economist and senior economic advisor to the vice president, called that "calculator abuse."http://blogs.abcnews.com/politicalpunch ... abuse.html
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Has Obama ever won a free and fair election based on the merits of his ideas?
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