Quote:
Originally Posted by Tyrone Slothrop
Let's go back to this for a minute. Suppose the cost per job was something like $250K. Where does that money go? Do you think the government is hiring new bureaucrats to administer stimulus grants, and that you have three bureaucrats making $75K each for each construction worker making $25K? That doesn't work, since that's four jobs for the $250K, not one. But if it did, wouldn't that be stimulating the economy? Those people can now pay for food, and housing, and entertainment, so the money gets spent, and that's what the economy needs. How do you make sense of this $250K/job business?
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Oh, where does the money go? The age old question. I don't know what's so difficult about the math. You spend X. Net jobs created (or saved).*
*this whole "or saved" stuff is dubious. We never used that metric in every day political discourse until the DEMs came in.