Posted on 10/31/2009 10:10:59 AM PDT by Oldeconomybuyer
WASHINGTON – Fifty-seven people in northeast Indiana got a job – or were spared a pink slip – so far this year because of the government’s stimulus program, the government reported Friday.
It was the smallest job gain or employment preservation reported in the state’s nine congressional districts.
Vice President Biden said the program created or saved an additional 400,000 jobs – the harder-to-count jobs created as a result of extra economic activity – putting the total more than 1 million.
The government does not distinguish between jobs that were created because of the program and the jobs people didn’t lose.
“The recovery act is performing as advertised, playing its part in lifting Americans back up,” Biden said at a news conference.
(Excerpt) Read more at journalgazette.net ...
Excellent graphic!
(http://blogs.abcnews.com/politicalpunch/2009/10/160000-per-stimulus-job-white-house-calls-that-calculator-abuse.html
$157.8m/381=$414,000 per job.
There is no way that these jobs pay $414,000. I'm in engineering as a major, so to analyze efficiency (assuming the national wage average $50,000:
($414,000/$50,000)*100%=12.1% efficiency
Yep. This has been wildly successful! Help us all...
Your calculations are RACIST!!!
umm, umm, umm
Barack Hussein Obama
“If you look at this mirror, you will see the smoke that we have saved, as well as the smoke that we created by rubbing lots of money together.”
“Stick around, the “Dog and Pony” show will start shortly”.
Is that 57 net or gross?
IOW, how many jobs were created (or saved) and how many were LOST because of this “stimulus”?
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