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Tipsheet

White House: Stimulus "Saved" 1 Million Jobs, At $787,000 Per Job

Jillian Bandes
Jillian Bandes | October 30, 2009 12:12 PM
White House: Stimulus "Saved" 1 Million Jobs, At $787,000 Per Job
They never seem to tire of inventing numbers. After spending $787 billion, the White House will announce today that 1 million jobs have been saved since last year. That's $787,000 per job..... and I don't even want to think about what percentage of that actually ended up back in workers' pockets.
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Details will be posted later today on Recovery.gov. I'm prepared to do a good bit of clicking around to see exactly who is creating jobs -- and how they're doing it -- with so much of our money.

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