Oh That Stimulus That Saved The Economy

The Obama administration distributed $9 billion in economic “stimulus” funds to solar and wind projects in 2009-11 that created, as the end result, 910 “direct” jobs — annual operation and maintenance positions — meaning that it cost about $9.8 million to establish each of those long-term jobs.

At the same time, those green energy projects also created, in the end, about 4,600 “indirect” jobs – positions indirectly supported by the annual operation and maintenance jobs — which means they cost about $1.9 million each ($9 billion divided by 4,600).

Combined (910 + 4,600 = 5,510), the direct and indirect jobs cost, on average, about $1.63 million each to produce…

http://cnsnews.com/news/article/9-billion-stimulus-solar-wind-projects-made-910-final-jobs-98-million-job

Related:

Government leaders talk about creating jobs … but their actions just hurt the average American.

Mr. Self-Sufficient Job Creator Mitt Romney’s Bain Capital destroyed jobs left and right.

Romney launched Bain Capital with money from the leaders of El Salvador’s death squads.

And a federal bailout saved Bain from ruin.

But surely Mr. Liberal Help-the-Little-Guy Barack Obama is fighting for the worker?

Unfortunately not … Obama thinks that unemployment is a good thing, because it shows that the economy is productive.

Despite the partisan rhetoric, Obama and Romney both support policies which help the ultra-rich – and politicos in D.C. – at the expense of everyone else.

They both support terrible government policies, the off-shoring of American jobs, never-ending bailouts and ruthless behavior by the big banks … and so we will continue to have Depression-level unemployment under either a second Obama term or a president Romney…

http://www.washingtonsblog.com/2012/09/are-people-too-stupid-to-fight-back-or-even-get-out-of-the-way.html

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