The Stimulus: How Many Jobs Exactly?
Posted on February 4th, 2009 by HJ
I read here that the Obama stimulus plan will create 286,000 jobs for Texas.
That’s a brand-spanking new, permanent job created out of thin air for 1 in every 86 Texans. Not working- age Texans. Texans period.
Take out the 9.5 million Texans who are either under 18 or over 65, and that’s a brand spanking new permanent job for one in 51 working-age Texans.
So I am supposed to believe that this plan–which is little more than wealth transfer from those who pay taxes to those who don’t– will generate this many permanent jobs? This is an exaggeration so very obvious that it borders on ridiculous. Makes me wonder what other exaggerated projections of success are contained in this bill.
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