Originally Posted by SouthernTrailsGA
Where to begin....lol..
The Stimulus..... 447 Billion for supposedly 1.9 million jobs, that is 235,263.00 per Job... wish I could make that much? Great use of our Tax money....
Sadly, it is far worse than that...
Having worked for a federal agency, SBA, that is there for job creation, I can tell you that the government doesn't statistically "create" jobs - it statistically "creates or saves" jobs...it is a sad game that is played to convince the public that government programs are doing more than they actually are.
For example...whenever I made a small business loan to a company, the number of employees is part of the application. That number is "counted" as "jobs saved" - EVEN THOUGH THE COMPANY MIGHT NOT BE IN TROUBLE. I approved about 3,000 SBA loans in my 15 years with SBA, and of those about 1,000 were for start-up businesses. The rest were for existing businesses, and I doubt that even 10% of those were under any threat of closing.
Then...of the start-up businesses, more than 50% fail within 3 - 5 years.
Then...of the jobs actually created, a substantial percentage would have been created anyway - SBA loans are just one financing option.
It is all a big game...believe me, as a retired SBA Loan Officer and Public Information Officer, I know - I played the game the same as everyone else - didn't have any choice.
I get sort of a chuckle out of it because the Republicans are challenging the number of jobs crated by the stimulus, but heck, it is not a party thing - I did contractc work with SBA under the Reagan administration and worked for SBA under the Bush I, Clinton, and Bush II administrations, and they all do the same thing. Of course there was no mammoth $447 billion stimulus package under the others.
The bottom line is I assure you (objectively) that the cost per job of jobs truly created by the stimulus package was well over $1 million/job, and more likely in the $1.5 million area. And to top it all off, many of those jobs were temporary jobs like construction contracts.
It is a shame that this kind of information is not available to the average Joe on the street. Government should really be more transparent so that you don't have to know someone on the inside or have to dig and dig and dig to find the truth. Many years ago when the media was less biased there was a lot more (relatively) objective investigative reporting. Today, all you get from the media is sarcastic men and big boobed news babes that do nothing more than parrot the liberal or conservative leanings of whoever owns the media company they work for. The media have always been biased, but nothing like today. Fox is virtually a campaign aide for Republicans, just as CBS, ABC, NBC, CNN, and PBS are for Democrats. I'm more of a Jack Webb ("Just the facts, ma'am) type of guy, but you never get the facts without the spin today...