At a Cost of $8 Million per Job, “Stimulus” Funds Yields 50 Jobs in New Hampshire

Posted 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:

After a tough budget year, both Democrats and Republicans are wary of creating jobs that have to be funded long into the future.  Members of both parties said they expect the jobs to end when the funding ends in 27 months.

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 way to help the economy grow is to help small businesses and American families keep more of what they earn because at the end of the day, they’re the ones who can get the economy going again.  The stimulus was supposed to be about jobs, jobs, and jobs, and the fact is its turned in to nothing but spending, spending and more spending, on all big government bureaucracy…The real question is where are the jobs?  You can’t spend $800 billion of taxpayer money and not create jobs when you say that’s what the goal was.

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.

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4 Responses to “At a Cost of $8 Million per Job, “Stimulus” Funds Yields 50 Jobs in New Hampshire”

  1. Libtard ‘Math’ in Action Says:

    […] 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. […]

  2. Flopping Aces » Blog Archive » It’s Not Fair to Judge Obama Administration By Earlier Rosy Projections for Job Growth? Says:

    […] 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 […]

  3. Raymond Erwin Says:

    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

  4. Flopping Aces » Blog Archive » Democrats Pushing Another Stimulus Spending Spree Says:

    […] New Hampshire, 400 million in stimulus spending by mid July had created only 34 full time jobs. The same is true […]

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