ROI on Year One of new administration… paltry.

While this article by Doyle McManus isn’t a whitewash of the administration, it does have a few blind spots. One is below (bolding mine):

Take the $787-billion economic stimulus plan that Obama muscled through Congress as his first item of business in February. It was big, bold and ambitious — but in political terms, it’s been a failure. Most economists say the stimulus has saved at least half a million jobs, but Obama hasn’t convinced most voters that the impact is real.

At the current ratio of $1,574,000 per job ‘saved,’ one of course cannot begin to wonder why.

Still, read the whole thing.

Moe Lane

No Comments

Comments are closed.

RSS feed for comments on this post.

Site by Neil Stevens | Theme by TheBuckmaker.com