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I'm wondering what the Liberals here will say to dispute Obama's own economists????
How much money was given to the super rich and major corporations so they could "create jobs" with no results whatever except for numbered bank accounts overseas?
My bet is that the stimulus created a lot more jobs at a greatly reduced cost in comparison.
It is becoming apparent that the conservatives and the GOP are really math illiterates.
total expenditure / employees doesn't = cost per person employed
They are also including substantial tax cuts as total expenditure. The $666 billion number that they are using is the sum of outlays and tax cuts. Essentially, they don't know the difference between an expenditure and a tax cut since they group them together.
Additionally, the report claims that the Recovery act saved or created 2.4 to 3.6 million jobs as of the first quarter of 2011. However, the standard weekly only uses the 2.4 number and completely ignores the higher number. They also completely ignore any future multiplier effect. I wonder why...
I am not even a particular fan of the stimulus, but there are better ways of criticizing it besides having fun with numbers. However, that is how the GOP disinformation teams rolls.
From Jan 2001 to Jan 2009, the economy lost 646,000 private sector jobs.
This is a failed policy. Supply side failed. Period.
Jan --2001 ---------111,631
Jan --2009 ---------110 985 ---------Minus 646,000
Ex-president war-criminal lost 646,000 private sector jobs in 8 years.
That is recorded history. That is FACT.
Quote:
jt800 LIES.
Ask Obama who promised that if you passed his Stimulus, unemployment would be at 5.2% by now.
Do you know what it costs to create a job in the private sector ? In our little company which has sales of 85 million-100 million dollars per annum and profits of about 15-20 million dollars. It employes about 100 people so on a per capita basis it costs about $600,000 about 200,000 dollars for salaries, benefits and overhead. About $400,000for materials and the machinery which their their skill makes into our products and then sells and ships them around the world .
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