Obama's Council reports it cost taxpayers $317,000 per ONE(1) job created/saved!

[healthmyths]

Have you heard much about President Obama’s $787,000,000,000 economic “stimulus” (now estimated to cost $831,000,000,000) lately?

the president’s own Council of Economic Advisors released an estimate showing that, for every $317,000 in “stimulus” spending that had by then gone out the door, only one job had been created or saved. Even in Washington, that’s not considered good bang for the buck.

Obama Continues to Violate His Own ?Stimulus? Law by Not Releasing Quarterly Reports | The Weekly Standard


UNF..king believable!!!
I CAN create one job for 1/10th of that amount!

Consider this also...
Assume the new job holder is paid $40,000 and employee and employer now pay govt just in employment taxes 14% or $6,120 a year in payroll taxes.
It will take 51 years to pay back that $317,000!!!

IS THIS totally foolish or WHAT???

 

[healthmyths]

AND THE WORST PART of this INEPT administration???
THEY Can't even keep what they signed into law REQUIRES... reporting Quarterly!!!


In other words, the Obama administration is required by law to submit quarterly reports on the “stimulus” through the third quarter of 2013.
By now, it was supposed to have released fourteen such reports.
It has released only eight (8). !
The last one covered the period ending in June 2011. That’s right — 2011.

 

[healthmyths]

How in the f....k can idiots be in charge and you b igger idiots continue to vote for Obama???

Don't you guys get IT???

If Obama can't even get his administration to file the reports THAT IF THIS WERE A private Company would have convicted of violating the law!

If Obama CAN't even keep these simple administration responsibilities what does this mean for BIGGER iISSUES ?

 

[Rozman]

The bigger issues for the lefties here is getting their supreme leader on the side of Mt.Rushmore and
making sure he makes the list as the best president we have ever had...

 

[Rozman]

What a joke....
And to this day they feel they should have spent more on the stimulus...

 

[jknowgood]

The bigger issues for the lefties here is getting their supreme leader on the side of Mt.Rushmore and
making sure he makes the list as the best president we have ever had...

I'm actually starting to miss bush, or heck for that maybe carter.