$26,000,000,000 for 300,000 jobs
by QuincyThat’s roughly $86,000 a job. Just how many more jobs would this $26 billion giveaway to spendthrift states and special interests have created in the private economy?
“A jury is a group of twelve people of average ignorance.” Herbert Spencer
That’s roughly $86,000 a job. Just how many more jobs would this $26 billion giveaway to spendthrift states and special interests have created in the private economy?
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Probably more, since public sector employees are probably paid effectively more than private employees (given salary, benefits, job security, and comparative job requirements).
Of course, this all assumes that the purpose of this spending is to (temporarily) save the most productive jobs, rather than to grease the palms of public employee unions right before midterm elections.
Comment by Akston — August 11, 2010 @ 9:05 pm