To: Eric in the Ozarks
Right...if you were to create 1 million new government jobs at $50,000 each, that would cost only half as much as Dean's proposal.
To: Verginius Rufus
Right...if you were to create 1 million new government jobs at $50,000 each, that would cost only half as much as Dean's proposal.
His program is two years, so he's in at $50,000/job/year. Of course that's the "loaded" cost. To pay someone about $25,000/year, you need to spend $50,000 on social security, fringes and overhead.
He's probably figgering a "multiplier effect", I pay 250,000 people $50,000 to dig holes and another 250,000 $50,000 to fill them in. when they spend their paychecks it will create another 500,000 jobs. Sure. Of course, if the $100,000,000,0000 had been left in the economy all the "multiplier effects" would have resulted and more. Everytime the government "creates" one leaf raking job it kill two productive jobs.
To: Verginius Rufus
Right...if you were to create 1 million new government jobs at $50,000 each, that would cost only half as much as Dean's proposal.You seem to have forgotten the $852,347.27 overhead per government job, plus benefits.
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