As I wrote on another thread:
Gruber has billed various government entities (White House, NIH, states) for his expertise. Suppose he made roughly $6 billion. What was his billing rate? If it was $500 per hour, he supposedly put in 12,000 hours of work over the years. If it was $1000 per hour, he put in 6000 hours.
Now, there’s only 2000 billing hours in a year. Did he put in 3 (or six at the $500/hr rate) full man-years on this crap, or did he multiply bill the same work over and over, which he already had in his pocket after the first job?
I’d like to know, and I’d like to screw him over if he double/triple/multiple billed for essentially the same work. Also, for being a sneaky snarky Dem tool, but that’s a different matter.
I want to know what the states were getting for $400,000 apiece.
Also the article says he was given $103,000 from the State Department for “legal services”. The State Department?
Supposedly not all that money went directly to him. Some went to groups he was affiliated with and he received a cut of it. Would still be interesting to see a thorough breakdown.
“Gruber has billed various government entities (White House, NIH, states) for his expertise. Suppose he made roughly $6 billion. What was his billing rate? If it was $500 per hour, he supposedly put in 12,000 hours of work over the years. If it was $1000 per hour, he put in 6000 hours.
Now, there’s only 2000 billing hours in a year. Did he put in 3 (or six at the $500/hr rate) full man-years on this crap, or did he multiply bill the same work over and over, which he already had in his pocket after the first job?”
It was our money. I think a letter of inquiry to my Rep is in order to for me to understand exactly how he was paid.
He no doubt resold the same vile work product and knowledge many times over.
Of the eight U.S. states that have contracted with Gruber to get access to his computer model – Colorado, Connecticut, Maine, Michigan, Minnesota, Vermont, West Virginia and Wisconsin – four of them have published contracts worth about $400,000 each.
If the other four followed suit, that would amount to another $1.6 million. Some of those fees were shared with other researchers who co-authored his reports.
All eight used his services to help estimate insurance marketplace costs related to their state-based Obamacare programs.
As far as states went he charged them $400,000 to see a mathematical model of public health care he developed. Eight states at $400,000 each......he only did the modeling once
In any case, the passage of the Affordable Care Act in 2010 has been lucrative for Gruber and his microsimulation model. All told, he has been hired by at least eight states to provide advice or assist in creating the health-insurance exchanges that are at the heart of the Affordable Care Act: Colorado, Connecticut, Maine, Michigan, Minnesota, Vermont, West Virginia and Wisconsin.
Your math might not work. You multiplied his earnings by 1000 times. The article said 5.9 million, you rounded off to 6 billion.