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STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL

 
PACNWguy
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12/07/2009 02:52 PM
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STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
Cost-benefit analysis of jobs stimulus
Dec 7, 2009 12:23 EST


Hopefully any new plan will have a better rate of return than the current stimulus package. Economic analyst Ed Yardeni runs the numbers:

The Obama Administration is touting that their stimulus program has saved or created 640,329 jobs since it was enacted back in February through the end of October. This number is updated and posted on the Administration’s recovery.gov web site. That amounts to $246,436 per job based on the $157.8bn that has been awarded so far! Total compensation earned by the average payroll employee during October, on an annualized basis, was $59,867. If the government had simply used the funds awarded so far to pay for a year’s worth of labor, that would have paid for 2.6mn jobs!


obbush
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
shapeshifter

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12/07/2009 02:54 PM
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Re: STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
um, where can I get one of these alleged jobs? I need some work! :)
PACNWguy (OP)

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12/07/2009 02:54 PM
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Re: STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
These very same morons think they can do health care and not raise taxes.


laugh
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
PACNWguy (OP)

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12/07/2009 02:55 PM
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Re: STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
um, where can I get one of these alleged jobs? I need some work! :)
 Quoting: shapeshifter



These are mostly 'jobs saved'.

No one has a fucking clue what jobs saved are or how to even verify them.
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
PACNWguy (OP)

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12/07/2009 03:04 PM
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Re: STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
bump
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
Anonymous Coward
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12/07/2009 03:39 PM
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Re: STIMULUS MASSIVE FAILURE. OBAMA PAID $250K ON AVERAGE TO CREATE JOBS. BUT THE JOBS ONLY PAY $60K PER YEAR. LOL
um, where can I get one of these alleged jobs? I need some work! :)
 Quoting: shapeshifter



Get into the health care industry....They are saying it will create 1.4 million jobs.......jobs that decide whether I live or die.......


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