Finance Geek

The White House Council of Economic Advisers said Thursday the $787 billion stimulus plan kept one million people working who would otherwise not have had jobs.
You wouldn’t let me stand up and make the simplistic claim that these million jobs were saved at a cost of $787,000 per job without challenging the details of my accounting, would you? Surely, reality is more complex.
But when the White House Council of Economic Advisers calculated the number of jobs saved by our government’s massive stimulus spending, how is it that they entirely neglected to account for the impact on…

More…

This entry was posted on Saturday, September 12th, 2009 at 1:24 pm and is filed under RealClearMarkets. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.