Friday, September 23, 2011

OBAMA'S STIMULUS PLAN, 2011 VERSION

From the Chicago Sun-Times--his numbers just don't make sense. But what caught my attention was the following: . . .the Department of Energy’s program of $40 billion in loan guarantees to promote green energy. Half the money has been spent to create a total of 3,545 direct jobs, according to a Washington Post analysis, That’s $5.6 million per job. But rest assured, the DOE says once the full $40 billion in financing is disbursed, 60,000 jobs will be found — more than $666,000 for each new worker.

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