On 19/02/2010 9:41 PM, bpuharic wrote:
http://www.nytimes.com/2010/02/17/bu...nhardt.html?hp

Just look at the outside evaluations of the stimulus. Perhaps the
best-known economic research firms are IHS Global Insight,
Macroeconomic Advisers and Moody’s Economy.com. They all estimate that
the bill has added 1.6 million to 1.8 million jobs so far and that its
ultimate impact will be roughly 2.5 million jobs. The Congressional
Budget Office, an independent agency, considers these estimates to be
conservative.

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this is after the recent USAtoday interview of 50 economists, where
the median estimate of job creation was about 1.5M jobs

seems everyone knows the stimulus is working

except the right wing

Even if it were say 2 million jobs, that is about $1 million per job on
a $2 trillion debt-spending spree.

Like usually, not very cost effective no mater how you look at it.

But if they balanced the governemnts pending, and say eliminated 50% or
more of fedeal income tax, bet the jobs would be created coat to coast
was the people would actually keep more of their own money and it will
not "disappear" or be skimmed by the government.

On a dollar cost basis, at best Obamanomics is a dismal monumentus failure.