By Peter Andrew
ConservativeAmerican.org
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C-BS News and ProPublica are reporting that President Barack Hugo Obama has spent $533,000 to save one single job! In fact, he has done so more than 30,000 times so far!

Let’s start with the 30,000 jobs themselves. The federal contracts in question represented $16 billion in stimulus spending. Assuming the number of created or saved jobs reported by each contract recipient was accurate—which, as we’ve reported before, is still an open question—that breaks down to $533,000 for each job. That’s more than five times the projection of the president’s own Council of Economic Advisers , which estimated in May that every $92,136 in government spending would create one job for one year.

This is the insanity of these stupid stimulus plans! Forget all these government programs and grants and bullogna! If the money (that they don’t even actually have in Washington) is burning a hole in their pockets, why not just send out checks to Americans? The $92,000 they are spending for one job for one year could send a check for $3,000 each to 30,000 Americans. That would really stimulate the economy.

How silly of me though…the stimulus is only about getting democrat votes in 2010 and 2012…it’s not really about fixing the economy.

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This entry was posted on Saturday, October 17th, 2009 at 4:00 pm and is filed under Barack Hugo Obama, Economy. You can follow any responses to this entry through the RSS 2.0 feed. View Comments & Add Yours, or trackback from your own site.