Showing posts with label Reid. Show all posts
Showing posts with label Reid. Show all posts

Wednesday, August 11, 2010

Stimulus Bill - Fact or Farce

Riddle me this, how many jobs did the $787 billion (that magically became $819 billion) emergency stimulus bill actually create? Go research your answer and then come back. I’ll wait right here. Pause… Time passes…

Okay, back with your number? Did you go to Recovery.com to find your answer? Is your number some where around 2.6 million (maybe between 2.1 and 2.8 million)? If you went to President Obama’s Recovery.gov website you will find that he is claiming that his stimulus bill has created (or saved) some 2,679,043 jobs (i.e. 633,189; 608,078; 682,322 and 755,454 jobs for the last four quarters). If accurate the tax payer only paid about $300,000 per job created.