Some numbers just escape my ability to comprehend. I know that a million is a whole poke. I can't, for the life of me, imagine a billion anything, a trillion, forget it. I have seen varying numbers related to the dollars being spent on the "economic stimulus." Having done no actual research of my own, I will accept the accuracy of the reported dollar amounts allocated to stimulate new jobs. If the unimaginable figure of $787 billion has been spent to "create or save 1.7 to 2 million jobs, why do I not feel stimulated? If my math is correct, each job saved or created cost the taxpayers $393, 500. Please raise your hand if you feel stimulated.
Assuming an employment rate of approximately 147 million, the overall increase in employment is about one per-cent. Pardon me if I am not feeling stimulated. Throwing in costs of employment, doesn't it seem just a little exorbitant that each of the jobs cost us $393, 500? According to the United States Department of Labor, the employment-population ratio increased 0.2 per-cent. Please raise your hand if you are feeling stimulated. I know that I am not. I'm just sayin'
Tuesday, March 2, 2010
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