At a Cost of $8 Million per Job, “Stimulus” Funds Yields 50 Jobs in New HampshirePosted by Kevin Boland on July 13th, 2009
Today’s New Hampshire Union-Leader reported that “More than $400 million in federal stimulus money has come to New Hampshire this year” which has yielded “a total of 50 jobs…34 of them full time.” That works out to $8 million per job created in New Hampshire by the Democrats’ $1 trillion “stimulus.” At that rate, the Democrats would have to spend $16,000,000,000,000 to create 2 million jobs nationwide, roughly the number of jobs that have been lost in America since the President signed the “stimulus” into law in February. But those “stimulus” jobs in New Hampshire are temporary, not permanent, as the Union-Leader also noted:
So the “stimulus” is spending billions of dollars of money we don’t have to prop up government bureaucracy that’s failing to create an environment of economic growth and job creation. It seems the only thing the “stimulus” has succeeded at is deepening the federal deficit, which stands at more than $1 trillion so far this year. If anything the “stimulus” is making matters worse, not better. As the Union-Leader editorial page noted last month: “The stimulus is a joke. We are tossing our money into a giant pit. Actually, we are paying a handful of people to toss our money into a giant pit.” As House Republican Leader John Boehner (R-OH) recently said on Fox News Sunday:
The “stimulus” hasn’t created the jobs the President promised because it relies on big-government spending instead of helping small businesses, which are the foundation of job creation in America. House Republicans offered a plan to let small businesses and families keep more of what they earn, but Democrats ignored it, took a go-it-alone approach, and passed their trillion-dollar big government plan anyway. And it’s the American middle class that is paying the price. This entry was posted on Monday, July 13th, 2009 at 2:40 pm and is filed under Stimulus. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. 4 Responses to “At a Cost of $8 Million per Job, “Stimulus” Funds Yields 50 Jobs in New Hampshire”Leave a Reply |
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July 14th, 2009 at 3:57 am
[…] It only costs $8,000,000 to yield a $25,000-per-year job! And…34 of them are actually full-time! That money will go really far once it costs $900 to get your cholesterol checked and income tax is 56% like in Canada, on top of 12%-50% sales tax. […]
July 14th, 2009 at 4:01 pm
[…] Leader Boehner discovered some of those jobs. From the Leader’s blog: At a Cost of $8 Million per Job, “Stimulus” Funds Yields 50 Jobs in New Hampshire Today’s […]
July 23rd, 2009 at 9:34 am
Where are the jobs
After seven months, working 12 to 16 hours a day - seven days a week, I secured a positon based on my own initiative not Obama’s stimulus package.
My only regret is I had to accept a position with a foreign company seeking to do business in the States and not an American company.
As a 61 year old former Independent who always voted Republican, I formally joined the Republican party during the last election cycle.
I believe that the Republican party is the key to regaining our National strength, and that if unchecked, the Democrats will create the Union of Soviet Socialist of America (USSA).
God Speed and let me know how I can help in the fight for our Nation and the values on which it was founded
October 8th, 2009 at 7:41 pm
[…] New Hampshire, 400 million in stimulus spending by mid July had created only 34 full time jobs. The same is true […]