Billions in Stimulus Generates Just 30,000 Jobs
More reports are coming in about the number of jobs (and lack thereof) that were generated by spending billions in “stimulus” tax dollars. For instance, 4,695 jobs were created in Colorado as a result of $48 million in “stimulus” spending. That’s over $10,000 of tax dollars spent to generate each job — and these contracting jobs aren’t exactly the highest paying positions.
In Michigan, the state with the highest unemployment in spite of billions more spent “stimulating” the car industry with “Cash for Clunkers” debacle, just 397 jobs have been created.
The low numbers could fuel more attacks by critics of the stimulus plan, who already cite the 9.8% unemployment rate, a 25-year-high, as proof that the plan isn’t working.
Gee, ya think?
Technorati Tags: Rising Unemployment in America, Government Waste, Stimulus and Other Failed Programs, Barack Hussein Obama the Dangerous Choice, Where’s the Birth Certificate?
