I just got done reading a NY Times Article about Obama’s job plan.
Conservative estimates set 1,300,000 new jobs by the end of 2012 and 800,000 more by the end of 2013 for a total of 2.1 million jobs.
Others say that it might be 2.7 million jobs created.
The cost of this is $447 billion. That’s $447,000,000,000.00 for 2,100,000 jobs. That means that each job costs the government $212,857.14.
(Unless the high estimates are right and it ends up costing only $165,555.56)
Alas I don’t know the details about the job plan and all the “Trickle Down” thoughts put into it. However, I would think it should cost a lot less than $200k per job. What are your thoughts?