Wednesday, December 9, 2009

Stimulus

Another word on the Stimulus. Despite White House Spokesman Robert Gibbs and Obama STILL declaring the stimulus a success, here's another factoid that would be hard to defend.... On average per dollar spent thus far, the stimulus has cost an average of 245K per job. It's hard to defend this number. I think most of the unemployed would take the 245K and invest it in gold these days and call it good.