Obama's Stimulus Package Costs Tax Payers $655,000 Per Job

Stimulus successes scrutinized with simple math

Published on January 30, 2010 by MrPressRelease.com (MrPressRelease.com and OfficialWire) PITTSFORD, NY

On Monday January 25^th, “USA Today” released the results of the quarterly survey of 50 economists.  According to the 50 economists' median estimate President Obama’s $787 billion stimulus package saved 1.2 million jobs without the 1.2 million jobs, the 10% December unemployment rate would have been 10.8%.

What “USA Today” failed to mention is that if you divide the $787 billion by 1.2 million the cost per job saved is $655,000. According to O'Leary,"Understanding what is happening in "Big" government, is a matter of simple math.

By: Jack W. O’leary
Rochester, N.Y.
Reported by: Mary Clare Lyons
Pompano Beach Florida

This article was originally posted on;  www.blog.medicalhealthsupply.com
To discuss this topic  and other current events with this author and others, go to the blog at www.medicalhealthsupply.com.  Jack O'Leary is a businessman and former President of a Fortune 500 company in New York State.