Divide $819,000,000,000 by 2,500,000 jobs. Do the math.
That works out to $327,600 per job. Government sure is efficient, isn’t it?
Actually, let me update that... CBO is now saying that total stimulus spending will be $862,000,000,000
$862,000,000,000 / 2,500,000 = $344,800 per job projected
http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=168100
“On January 26, 2010, the Congressional Budget Office revealed that this failure to create jobs has raised the law’s price tag from the original $787 billion to $862 billion – an increase of $75 billion.
The reason? Higher than expected unemployment and greater payouts of unemployment benefits, among other causes.”