Posted by
Defend America on Monday, December 07, 2009 3:54:34 PM
Cost-benefit analysis of jobs stimulus
Dec 7, 2009 12:23 EST
Hopefully any new plan will have a better ROI than the current stimulus package. Economic analyst Ed Yardeni runs the numbers:
The Obama Administration is touting that their stimulus
program has saved or created 640,329 jobs since it was enacted back in
February through the end of October. This number is updated and posted
on the Administration’s
recovery.gov web site. That amounts to $246,436 per job based on the $157.8bn that has been awarded so far!
http://blogs.reuters.com/james-pethokoukis/2009/12/07/cost-benefit-analysis-of-jobs-stimulus/