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Re: wbmw post# 76155

Wednesday, 02/18/2009 5:56:32 PM

Wednesday, February 18, 2009 5:56:32 PM

Post# of 152232
Beamer, > However, the spending part of the bill is only worth $355B, and only a portion of that is actually in the form of paychecks, as opposed to goods and raw materials that will also need to be purchased.

If we take that figure, then we come out to a net cost of $101K/job.

Keep in mind that Obama is citing White House estimates to come up with that number of 3.5M jobs. That figure almost certainly includes the jobs "created" from business generated via the sale of goods and raw materials.

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