First of all, I don’t think it will ‘create’ any jobs....just prevenmt more layoffs from happening. It really depends on how you look at it. First of all, the max length of any one project would usually be 18 months...so there is no permanence with these jobs. On a job site, I estimate I see around 4 people per million spent, so that would be 4,000 per billion. Throw in people who make and supply materials, maybe it doubles to 8,000. But (I’m doing math in my head, but I think I’m accurate), even at 10,000 jobs per billion, that is still 100k dollars per job. That same billion could instantly go in the economy, with a tax reduction, likely stimulating the economy much more effectively, and certainly more quickly....thus increasing GDP...and not really ‘costing’ anywhere close to a billion. Its obviously a better choice.
Yes, but you forgot to add material suppliers (concrete; flooring, painting; glass; whiteboards; furniture; office equipment); administrative, road paving, sign installation, hauling, and transportation, and playground jobs.