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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.
7 posted on 10/23/2003 6:42:57 AM PDT by Verginius Rufus
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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.
39 posted on 10/23/2003 12:55:34 PM PDT by Lonesome in Massachussets (Uday and Qusay and Idi-ay are ead-day)
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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.

42 posted on 10/23/2003 1:26:35 PM PDT by HenryLeeII
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