$26,160,955

The cost of the total number of jobs "saved or created" by Hogzilla:

The first direct stimulus reports showed that stimulus contracts saved or created just 30,083 jobs, prompting more Republican criticism of the $787 billion package.

The data posted Thursday was the result of the government’s initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial — it represented just $16 billion out of the $339 billion awarded — but they said it exceeded their projections.

“All signs — from private estimates to this fragmentary data — point to the conclusion that the Recovery Act did indeed create or save about one million jobs in its first seven months, a much needed lift in a very difficult period for our economy,” said Jared Bernstein, the chief economist for Vice President Joe Biden.

The entitled figure above is these thirty thousand jobs divided into the full $787 billion.  If you divide it into the $339 billion "awarded," it diminishes to $11,268,823 per "saved or created" job.  If they've only actually spent $16 billion - or about 2% of the total price tag (which really was about a quarter of the REAL price tag, but we'll leave that aside for now) of an "emergency" "stimulus" that HAD TO BE PASSED RIGHT NOW OR WE WERE ALL GONNA DIE!!!!!!!!!!! it becomes a "vastly improved" $531,862 per "saved or created" job.  Which is still a rank piss-poor efficiency of job "salvation or creation" by a factor of at least ten

But then there's no such thing as a job "saved," because by definition it was a job that was never destroyed.  By that "measure" the Obamunists may as well claim to have "saved" the jobs of EVERYBODY STILL IN THE WORKFORCE, since they're already neck-deep in this horsecrap.

Meanwhile we KNOW for a FACT that the Obama economy has been shedding jobs at the rate of a quarter-million a month since Red Barry seized office, the unemployment rate (9.9%) has soared past where he claimed it would top out if Hogzilla was jammed down (8.0%), and even above where he claimed unemployment would rise if Hogzilla WASN'T passed.  And if you include "underemployment" - or, in ObamaHouse terms, jobs "partially saved" - the jobless rate skyrockets to the neighborhood of 17%.

If (according to the back-of-envelope calculation) fifteen jobs per county exceeds their expectations, it would seem that these expectations were not the ones they were pushing the bejesus out of eight months ago.  But then if they'd been honest about what this Roman orgy of corruption and debt was really going to accomplish, it never would have passed, now would it?

Just imagine how many jobs THAT might have REALLY saved.

| | Comments (0) | TrackBacks (0) Sphere'>http://www.sphere.com/search?q=sphereit:http://hardstarboardblog.com/2009/10/26160955.html">Sphere: Related Content View blog reactions

0 TrackBacks

Listed below are links to blogs that reference this entry: $26,160,955.

TrackBack URL for this entry: http://hardstarboardblog.com/blog/mt-tb.cgi/2802

Leave a comment

About this Entry

This page contains a single entry by JASmius published on October 16, 2009 9:20 AM.

Quitters Never Win was the previous entry in this blog.

Terror, War & Twilight (10/16/09) is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

2004-2007

1996-2000

Best of JASmius

Television & Movie Reviews/Multimedia

The Sports Page

Powered by Movable Type 4.01

 Subscribe to Hard Starboard

 Subscribe to Hard Starboard

As linked by Real Clear Politics

"Hard Starboard has some relevant thoughts....the most original, and humorous, I've seen so far." - "Ensign" Ed Morrissey
Google
Technorati search
View blog authority

Blogs that link here

Add to Technorati Favorites
Solar X-rays:

Geomagnetic Field:
>
Status
Status
 
From n3kl.org Sermon Archive

Out Of The Miry Clay

Due On Christmas

God Made Playdough

Growing Together

Jenaya’s Quote Board

Little Pink Feet

Living A Quiet Life

Martinbliss

Rachel’s Blog

Red-Headed Wilsons

Ryan & Stephanie Buczak

The Adventures Of The SuperMillers

Tim Miller's Arabian Adventure

The Fenton Four

The Miller Brothers

The Terrible Tuesday Machine

Wycliffe Support

Institute for Creation Research

Klingon Gospel Wheel

Evangelical Blogroll