theFallGuy
BBQ Sketti and IPAs
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- Nov 26, 2008
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"Of the White House’s 100 showcased projects, 90 offer specific employment data. Among these, $7,602,006,850 in stimulus funds “created or saved” 29,957 jobs. Thus, each stimulus position cost taxpayers an average $253,764.
So, Democrats are fighting unemployment by launching jobs at more than a quarter-million dollars apiece. And if the White House’s upbeat assumptions that I accepted are wrong, per-job costs zoom.
Compare this lavishness to the Labor Department’s $27.64 hourly Employer Costs for Employee Compensation. Paying one new staffer for 52 forty-hour weeks would cost an employer $57,491. Hence, private industry could create at least 4.4 jobs for the price of just one stimulus position. By this measure, private companies could have spent the aforementioned $7.6 billion to start 132,230 jobs."
So, Democrats are fighting unemployment by launching jobs at more than a quarter-million dollars apiece. And if the White House’s upbeat assumptions that I accepted are wrong, per-job costs zoom.
Compare this lavishness to the Labor Department’s $27.64 hourly Employer Costs for Employee Compensation. Paying one new staffer for 52 forty-hour weeks would cost an employer $57,491. Hence, private industry could create at least 4.4 jobs for the price of just one stimulus position. By this measure, private companies could have spent the aforementioned $7.6 billion to start 132,230 jobs."