Obama “Stimulus” Cost Taxpayers $278,000 Per Job

The Obama administration says that their “stimulus plan” “saved or created” 2.4 million jobs, and cost the taxpayers $666 billion. Using their numbers, that works out to be a cost to the taxpayer of $278,000 per job!

“the government could simply have cut a $100,000 check to everyone whose employment was allegedly made possible by the “stimulus,” and taxpayers would have come out $427 billion ahead.”

And the Obama administration is worried about saving a few million dollars on taxes from jet airplane owners, but they will waste Billions of dollars on nothing.
They weren’t trying to stimulate anything other than spreading our money around to stimulate more votes for Democrats down the road.

When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate



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