and you are using false logic to claim for example that a stimulus payment of ten million dollars to rebuild a road by ten men,means that the individual workers got one million dollars each.<quoted text>
What did the CBO forget to include in this report?
In February, the Congressional Budget Office published its latest report on the "estimated impact" of the stimulus.
Although it had originally estimated the stimulus would cost $787 billion, CBO now says it will cost $831 billion.
In the second quarter of 2012, CBO estimates, somewhere between 200,000 to 1.2 million people have jobs they otherwise would not have were it not for the stimulus.
Assuming, optimistically, that the number is 1.2 million, that means each of those jobs cost taxpayers $692,500.
As time goes on, the maximum number of jobs sustained by Obama's stimulus will decline rapidly.
By the first quarter of 2013, it will sustain between 100,000 and 600,000 jobs, says CBO.
If it is 600,000, each of those jobs will have cost taxpayers $1,385,000.
By the fourth quarter of 2013, the maximum number of jobs it sustains will be 400,000 at a cost to taxpayers of $2,077,500 per job.
It is true that Obama entered office in the midst of a deep recession.
But, according to the National Bureau of Economic Research, that recession ended in June 2009, over four years ago.
obummer, a five year failure
you forget the value of the rebuilding of the road.
a road that needed to be worked on.
but while your at it.
the stimulus contained tax cuts for businesses.
if it is such a expensive failure the right wing should be clamoring for the removal of the tax cuts as they did not work.
so which is it a failure or a success?