New Jobs at $100,000 a Pop?
Mark Budman, AOL News
The Local Jobs for America Act proposes to spend up to $100 billion to create and save a million public and private jobs in communities this year. While a million jobs sounds like a huge number, let's look at the money spent on that task and analyze the premise. What does it mean to "create and save"? If a person is laid off after, say, six months on the job, does this job still count as created or saved? Moreover, if you divide $100 billion by a million, you get $100,000. That's a lot of money to spend to "create or save" a single job that may or may not...
http://www.realclearpolitics.com/2010/07/31/new_jobs_at_100000_a_pop_238720.html
