Monday, June 8, 2009

Obama math

Obama appears to be delivering as promised.He makes claim to have saved 150,000 jobs so far under his stimulus plan.We have also spent about 5% of the stimulus funds to this point.Extrapolate that out with the handy calculator and we are on pace to "save or create" over 3 million jobs thru the stimulus.

Now we're told he will "save or create" 600,000 jobs in the next 100 days.This should cost us about $175 billion in stimulus funds based on the formula used so far.Not bad.6,000 jobs "saved or created" each and every day this summer at a cost exceeding $275,000 per job.

If only we all had a cult following of kool-aid drinkers buying into this garbage.Life would be so easy.More to come...

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