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Author Topic: "Only $5.6 Million to Create One $47,000/Year Job!"  (Read 1083 times)
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WhiskeyGirl
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« on: August 19, 2010, 04:22:30 PM »
Where has all the money gone...

Quote
Dr. Martin D. Weiss takes a look at the Barofsky report in his August 15 issue of Money and Markets and comments:

According to the Special Inspector General for TARP, Washington has spent a total of $3.7 trillion on bailouts and Fed money-printing — NOT including trillions in other government guarantees — to fight this recession so far.

Meanwhile, since the labor market began recovering a bit this year, a total of 654,000 jobs have been created.

So let's do the math: Just divide $3.7 trillion spent by the 654,000 jobs that were created, and you'll see that

Every one of those new jobs cost a staggering $5,657,492 to create!

http://www.thenewamerican.com/index.php/economy/commentary-mainmenu-43/4347-only-56-million-to-create-one-47000year-job

How many of those jobs went to illegal aliens? 
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Scared Monkeys Discussion Forum > Current Events and Musings > Political Forum > Topic: "Only $5.6 Million to Create One $47,000/Year Job!"
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