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Posted 10/30/09 6:14 PM Red in Blue State Watsontown, PA | According to my non-government math, that equals about $288,000 per job allegedly saved or created. Another fine example of government efficiency considering that in the private sector jobs average about $50,000. |
Posted 10/30/09 10:13 PM C00kieM0nster Oxnard, CA | single variable math just doesn't apply to real life. |
Posted 10/31/09 1:28 PM shooter348 Buffalo, WY | The interesting variable is the number of jobs saved. How did they figure that one? |
Posted 10/31/09 4:18 PM Mike in Virginia Fredericksburg, VA | Anyone who claims that the government created even one job is falling for the broken window fallacy. It's easy to see that the glazier is happily employed fixing the shop window and conclude that the kid who broke the window created employment. But if you go one step further, you realize that the tailor from whom the shopkeeper was going to buy a suit is unemployed instead because the money went to fixing the window. The net effect on employment is zero, and the net economic effect is negative: the shopkeeper has only a window, instead of a suit and a window.
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