Stimulus

The American Recovery and Reinvestment Act, known as Stimulus one was passed in Feb of 2009 included 825 billion dollars almost all of which has been spent. A report from the government came out this week saying that it created somewhere between 500,000 and 3.3 million jobs. If we use the 3.3 million figure and do the math we find this is $225,000 per job. I don’t even want to calculate the cost for 500,000 jobs. The CBO report provided a broad range of the estimated number of full-time jobs created because of the stimulus — from a low of 500,000 to a high of 3.3 million jobs