I just finished reading an article about the number of jobs, and the amount of money that has been spent from the stimulus bill in non-existent congressional districts. I'm sure it's just an accounting error, but that begs the questions, do we really trust what Recovery.gov really tells us? I tend to think that it might try and overstate the benifits derived. Even with that possible bias, these are the numbers right now from Recovery.gov
Total awards given out $158 Billion (this does not include any tax benefits, but is simply the money given out in grants, loans, and contracts)
Jobs Saved/Created 640,329 (I would love to know the exact mathematical formula for saving jobs, but I digress)
So, if you do the math, that comes out to be......
$246,748 per job. Do YOU think the stimulus is working???
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Think of it this way. People spend hundreds of millions of dollars to obtain the presidency. If one saved that job, then it would presumably be worth at least that. Given that the main job of the recovery is for Obama and his buddies to keep their jobs, perhaps they are counting their jobs in there.
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