CNN is reporting that the President’s jobs plan may create as many as 1 million jobs. They go on to add that ‘economists gave generally positive reviews’ to the President’s plan.
Um, FYI, the President gave a speech. He hasn’t actually given us the plan. The actual plan hasn’t even been written yet!
OK. Now let’s look at the numbers.
1,000,000 Jobs created
$447,000,000,000.00 Estimated cost of Obama’s “plan” (that $447 billion dollars!)
That’s $447,000.00 per job!
If you take that cost for each job and broke it down for one year’s paycheck for one person that’s:
$447,000.00 cost per job
divided by 52 weeks in a year
divided by 40 hours in a week
That pay rate would be $214.90 an hour!
Unless it’s the economist that’s getting paid that call it $215 an hour, how can they possibly consider this a good investment? The President doesn’t care. He’s spending our money on this lame brained idea, not his own! And he’ll be out of office before the bill comes due.
Should Congress pass a cockamamie scheme like this? With those numbers? Where the ROI is only a million jobs? And probably the vast majority of them will be bureaucrats overseeing the new Centralized Federal Workers Administration? Lord help us!
Well, I suppose the - still to be proposed - Federal Works Planning Kommittee vill need verkers…
“Und if you don’t like verre ve assigned you to verk you vill be reassigned instead to a kamp to be reeducated!”
America was nice while it lasted.