February 26, 2011

How about those jobs 'saved or created'

From CNS News:
CBO: Jobs Created and Saved By Stimulus Cost At Minimum An Average of $228,055 Each
The jobs created and saved by the economic stimulus law that President Barack Obama signed on Feb. 17, 2009 cost at a minimum an average of $228,055 each, according to data released yesterday by the Congressional Budget Office (CBO).

In a report released Wednesday��Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October Through December 2010��the CBO said it now estimates the stimulus law cost a total of $821 billion, up from CBO�s original estimate that the stimulus would cost $787 billion.
I bet that if they cut taxes to small businesses by $787 Billion, we would have a lot more than the 1.3 to 3.5 million people employed that is claimed by supporters of this fool policy... Posted by DaveH at February 26, 2011 1:55 PM
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