National

Obama’s Economists: ‘Stimulus’ has cost $278,000 per job


The White House’s Council of Economic Advisors reports that the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.   In other words, the government could simply have cut a $100,000 check to everyone whose employment was allegedly made possible by the “stimulus,” and taxpayers would have come out $427 billion ahead.  WeeklyStandard.com

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