Italian Real Estate

Is it reasonable to spend $445,000 to temporarily save one job?

Posted on | January 1, 2011 | 5 Comments

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by wallyg

Question by Feminecronomicon: Is it to invest 5,000 to temporarily save 1 job?
Yahoo, in its current house page campaign blitz to save our very first feminist president from public rebuke, presently has an article about the town that the “stimulus saved”. In addition to producing the factual error that the auto bailout was portion of the “stimulus” (it was in fact inappropriately taken from TARP funds, benefited an Italian business and most likely won’t be repaid, unlike the other TARP funds), they note that $ 89 million in stimulus funds will “save” 100 jobs and result in 100 new hires. That comes out to $ 445,000 per job. Translated to the private sector, this is sufficient money to hire roughly 2,000 men and women for a year at the current median income.

So is this what we get for electing a feminist president: A president that is really, actually bad at math?

http://finance.yahoo.com/real-estate/write-up/111059/a-town-saved-by-stimulus

na: Why hang Bush? He’s the 1 who signed TARP into law.

Finest answer:

Answer by Melvs
hell no that is not .. the government can not generate that numerous jobs besides military, teaching, and construction. the government really should have just taken that stimulus cash and gave it back to the individuals, giving tax cuts to everyone to help get the economy going once more

What do you feel? Answer beneath!

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5 Responses to “Is it reasonable to spend $445,000 to temporarily save one job?”

  1. Zodiac Man
    January 1st, 2011 @ 8:34 pm

    No.

  2. Tommy
    January 1st, 2011 @ 8:53 pm

    You answered your own question already. News organizations are always partisan in some way. How they report, what they report, etc. Any group that says it has no bias is foolish or lying. It is impossible for humans to not be influenced by what they believe.

    But being a feminist doesn’t make you bad at math and Yahoo! reporting on news to try to make you look good doesn’t make you bad at math either. You just don’t like the President or feminists and are thus showing your own bias in how you ask questions. (200 jobs doesn’t justify the 89 mil though).

  3. Bill
    January 1st, 2011 @ 9:22 pm

    Did you get your data from Faux News, Lush Limpdick or Glen Peck?

  4. na
    January 1st, 2011 @ 10:01 pm

    The reality is our government acting avoided a complete financial collapse. George Bush and his cronies deserve to all be dragged out back and publicly hanged.

  5. Meagan
    January 1st, 2011 @ 10:54 pm

    That’s absolutely ludicrous! Each job will be lucky if it pays 1/10 that amount! But that’s liberals for you.

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