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#1337557 - 02/04/10 05:06 PM "good ROI?
straw Offline
Power Poster
straw
Joined: Nov 2002
Posts: 9,121
"As the nation continues to endure troubled labor markets and high unemployment, critics of the American Recovery and Reinvestment Act (ARRA) have become more vociferous. Economists and the administration have estimated that perhaps 1.5 million jobs have been created or saved by the stimulus program so far. Critics have divided $787 billion by 1.5 million jobs to derive a disturbingly high estimate of about $525,000 per job. But this approach fails to recognize that so far, only about one-third of the stimulus funds have been expended. According to the Recovery.Gov website, $269 billion in funds had been paid as of January 22, 2010. Dividing $269 billion by 1.5 million gives a very rough estimate of the cost per job of $179,000.
http://knowledge.wpcarey.asu.edu/article/1857

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#1337580 - 02/04/10 05:37 PM Re: "good ROI? straw
HappyGilmore Offline
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Joined: Jun 2004
Posts: 19,854
Pulling people out of the ditc...
"it doesn't matter what it costs, we need to get people working"

"these are shovel ready jobs"

"shovel ready"

"shovel ready jobs"

"We've saved over 2,000,000 jobs"

all quotes from our illustious leader...
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Providing alternative truths since the invention of time

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#1337583 - 02/04/10 05:39 PM Re: "good ROI? HappyGilmore
GuitarDude Offline
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GuitarDude
Joined: Nov 2004
Posts: 5,925
So Cal
White House Press Secretary.
Presidential Speech Writer.

Those are "shovel-ready" jobs because it's getting pretty deep.
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I've just writed a wrong.

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#1337588 - 02/04/10 05:42 PM Re: "good ROI? GuitarDude
Blade Scrapper Offline
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Blade Scrapper
Joined: Aug 2004
Posts: 5,912
Outside A Garage
????

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#1337702 - 02/04/10 07:00 PM Re: "good ROI? Blade Scrapper
HappyGilmore Offline
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Joined: Jun 2004
Posts: 19,854
Pulling people out of the ditc...
maybe he can ask the "corps-man" that he referred to at the national prayer breakfast today his thoughts...
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Providing alternative truths since the invention of time

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#1337723 - 02/04/10 07:12 PM Re: "good ROI? HappyGilmore
straw Offline
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straw
Joined: Nov 2002
Posts: 9,121
I can't wait for all the media articles making fun of his ability to say nuclear.

Oh sorry, wrong President.

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#1337726 - 02/04/10 07:13 PM Re: "good ROI? HappyGilmore
Pale Rider Offline
10K Club
Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
I see federal government payrolls have swelled to well over 2.1 million jobs.

what a mess....

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#1337759 - 02/04/10 07:32 PM Re: "good ROI? Pale Rider
straw Offline
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straw
Joined: Nov 2002
Posts: 9,121
but the deficits were inherited and we have no way to get back into balance through 2020.

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#1337761 - 02/04/10 07:33 PM Re: "good ROI? Pale Rider
Spivol Offline
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Spivol
Joined: May 2005
Posts: 3,050
Tulsa, Ok
Yeah Pale, I saw that too. This morning in Tulsa they had a bit on the morning news that said Oklahoma unemployment had increased to over 50% but governmental jobs had doubled. I thought that was a little backwards.
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It takes a long time but God dies too, but not before he'll stick it to you. - Issac Brock

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#1337776 - 02/04/10 07:38 PM Re: "good ROI? Spivol
A_G Offline
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Joined: Jul 2004
Posts: 18,989
WWZMD?
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With the lights out, it's less dangerous.

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#1337796 - 02/04/10 07:46 PM Re: "good ROI? A_G
Peepers Offline
10K Club
Joined: Jul 2002
Posts: 13,994
Ziggy Marley?
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blah

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#1337805 - 02/04/10 07:52 PM Re: "good ROI? Peepers
Pale Rider Offline
10K Club
Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
silly!

Zero Mostel
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Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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