“The Recovery Accountability and Transparency Board, the government watchdog which oversees how the stimulus monies are spent reports contractors who received money from President Obama’s failed $787 billion stimulus program created or saved 30,383 jobs by the beginning of October.
According to the Wall Street Journal, this report covers only spending on infrastructure and social programs being carried out by private companies, which were awarded about $16 billion in stimulus funds. That amounts to $526,610 per job created or saved.”
$526,610 for each job saved or created. Sounds real efficient to me. Let’s see ~ that would mean $30,000 to $60,000 going to each job’s salary, the remaining $500,000 to all the bureaucrats needed to create it.
And they (congress) really believe that that “government run” health care will cost less? By the example set forth it will cost over 10 times more.