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