The Stimulus raised the same questions
http://corner.nationalreview.com/post/?q=ZWMwMWI4YWUzYmU0MTYzNWE1ODNlNjU1ODk1NDI4OTc=
1) President-elect Obama claims that spending approximately $800 billion will create 3.675 million new jobs. That comes to $217,000 per job. This doesn’t sound like a very good value, especially with the national average salary around $40,000. Wouldn’t it be cheaper to just mail each of these workers a $40,000 check?
And we know how well the Stimulus has worked
http://michaelscomments.wordpress.com/2009/06/08/correction-to-the-may-unemployment-chart/
Seriously those 40k checks are looking pretty smart in retrospect.
So, is the mass media that weak on basic analysis that they can’t question the magnitudes of how much these policies really cost? Or are they being deliberately incurious?
